Send a Tweet
Most Popular Choices
Share on Facebook 5 Share on Twitter Printer Friendly Page More Sharing
Best Web OpEds   

The Great Tax Break Heist :First of all, the opportunity-zone debacle isn't The many, many fiascos of policy by tax cut.

Quicklink Submitted By     (# of views)   3 comments, 6 series
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)

' ...the Trump tax cut is full of destructive loopholes;  much of the bill was  drafted by lobbyists  on behalf of their clients. That is,  what’s happened  a multitrillion-dollar bill is rammed through through Congress  without a single hearing, presumably out of fear that it would have been rejected if anyone had had time to figure out what was in it. The bill’s drafting was so rushed that many provisions were actually written in by hand at the last minute. Selective tax breaks often end up mainly providing new and improved ways to dodge taxes. Rich people with smart accountants don’t have a hard time pretending to be small-business owners, developers serving poor communities or whatever else the creators of those tax breaks are ostensibly trying to promote.'

Read the rest of the story HERE:

At www.nytimes.com

 

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 14 Articles in "Grand Theft"

Other Series: View All 173 Articles in "WEALTH"

Other Series: View All 455 Articles in "wrecking Ball"