4 years, 6 months ago

Our Tax Code Is Designed To Create Donald Trump

LOADING ERROR LOADING In 2011, The New York Times published what was, at the time, the most shocking expose on tax policy in decades. And in 2017, President Donald Trump signed into law his signature policy achievement, a sweeping $1.5 trillion tax law that slashed the tax obligations of the rich and large corporations, hacked away at federal revenues and exacerbated economic inequality. Donald Trump wrote off likely payments to his daughter Ivanka Trump as "consulting fees," one of many tax dodges revealed in The New York Times' report. The Trump family is exactly what the American tax code is designed to create ― an incompetent, intergenerational graft that our government rewards for draining the nation’s resources and destroying social value. It is a failure of leadership that with a Democratic majority in the House of Representatives, the public is learning about Trump’s tax returns from the Times instead of the House Ways and Means Committee.

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