Center for American Progress

Trump’s Reform Plan Is All About Cutting Taxes—For Trump
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Trump’s Reform Plan Is All About Cutting Taxes—For Trump

Author Seth Hanlon describes how President Trump's tax plan would be a windfall for wealthy business owners—such as Trump.

President Donald Trump seeks to sell his tax plan to a skeptical public by presenting it as an effort to “unrig” the tax code. He has said that his plan would “get rid of the loopholes and complexity that primarily benefit the wealthiest Americans and special interests.” He has even hinted that his own taxes would go up under his plan.

Behind Trump’s rhetoric, however, is his actual agenda. A look at that agenda shows that Trump is not unrigging the tax code for you. He is trying to rig the tax code for Donald Trump and give himself a huge tax cut.

The above excerpt was originally published in Fortune. Click here to view the full article.

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Authors

Seth Hanlon

Former Acting Vice President, Economy