Send a Tweet
Most Popular Choices
Share on Facebook 4 Share on Twitter 2 Printer Friendly Page More Sharing
Best Web OpEds   

Special Trump tax provision gives $17 billion break to millionaires, gov't report finds

Quicklink Submitted By     (# of views)   1 comment, 6 series
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (24 fans)


(Image by flickr.com)   Details   DMCA
'Benefits from President Donald Trump's tax cut for pass-through businesses skew heavily toward the wealthiest owners, says the Joint Committee on Taxation which released a new report that the Corker Kickback a special provision in the congressional majority’s tax bill will result in a $17 billion landfall to millionaires in this country. The benefit for some of the richest Americans comes from a special provision in the bill that allows for tax deductions for owners of pass-through businesses. While Trump and his allies in Congress claimed that the provision would help small business owners, this new congressional report shows that wealthy Americans will benefit the most from the change to the tax law.'

Read the rest of the story HERE:

At www.nbcnews.com

 

- Advertisement -

Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Other Series: View All 256 Articles in "our society changes for the worse"

Other Series: View All 818 Articles in "Public ignorance & those who use this"

Other Series: View All 159 Articles in "WEALTH"