The Biggest Winner of Trump's Tax Cut is the President Himself

Alicé Anil
Alicé Anil

The REAL winner of the Republican Tax Bill: Real Estate tycoons like the President and his pals. Like Alicé Anil for more!

AliceAnil

The tax cuts passed by Donald Trump and the Republican party aren't just tax cuts: they are part of a legislative bill that will reshape American life. The administration claims that the US$1.4 trillion in tax cuts will spur economic growth and create jobs, but independent estimates of the tax cut's effects paint a different portrait:

With a potentially far-reaching dimension, elements in both the House and Senate bills could constrain the ability of states and local governments to levy their own taxes, pressuring them to limit spending on health care, education, public transportation and social services. In their longstanding battle to shrink government, Republicans have found in the tax bill a vehicle to broaden the fight beyond Washington.
With a potentially far-reaching dimension, elements in both the House and Senate bills could constrain the ability of states and local governments to levy their own taxes, pressuring them to limit spending on health care, education, public transportation and social services. In their longstanding battle to shrink government, Republicans have found in the tax bill a vehicle to broaden the fight beyond Washington."

https://www.nytimes.com/2017/11/29/business/republican-tax-cut.html

The satirical video above highlights some of the winners and losers (or, as I like to put it-- not losers, but "contributors to the rich") of the Trump tax bill.

Comments

Satire

FEATURED
COMMUNITY