HOW New Tax PLAN HELPS TRUMP – N.Y. Times

From NY Times via  But if the Trump tax plan goes into effect these high earners will see their tax rate reduced to twenty-five per cent—a huge reduction.

Donald Trump constantly spouts falsehoods. Sometimes he merely shades the truth outrageously. Other times he tells full-on whoppers. And that’s what he did in Indiana on Wednesday, when he said that the new Republican tax-reform plan “is not good for me.”

Trump hasn’t released his tax returns, of course, so it’s difficult to estimate precisely how much money he will save if his tax plan goes through. But since last summer, when Trump’s Presidential campaign released an initial version of his vision for tax reform, tax experts and journalists have been pointing to aspects of it that could benefit him greatly. Among others, the Washington Post’s Jim Tankersley, NPR’s Jim Zarroli, and Slate’s Jordan Weissmann have investigated different ways that Trump stands to benefit. I’ll briefly try to explain each of the reform proposals that these reporters have previously looked at, and also mention one additional way that the tax plan could end up being a boon to the President’s businesses.

 But if the Trump tax plan goes into effect these high earners will see their tax rate reduced to twenty-five per cent—a huge reduction.

About Nan Mykel

I used to think I would be a child prodigy, but then I got old. Formerly I had fantasies of rubbing elbows with cultural and academic leaders but that did not come to pass because I did not become a cultural or academic leader or any other kind of leader, for that matter. I am not even an "Alpha Dog," a term learned from a friend who had to become "Alpha Dog" in order to influence her own pet. (When gazes lock, she never looks away.) For years I expected to become a published author, but in passing I could not avoid the fact that I had little to contribute to the world's bulging dumpsters. I'm embarrassed to report that I also considered my primary process artistic productions powerful, rather than mildly neurotic. Which is not to say that I disrespect myself, only that I am beginning to doubt my potential for making a mark on the world. If I focus on strict self discipline I may be able to keep my garbage removed on a weekly basis, to keep the kitty box changed, the clothes cleaned, the dog watered, fed and walked, but that just catches me up to the starting mark again. When writing I physically grapple with words, wrestling them from their indifference into attempted chunks of awareness. I sit heavily on my chair; I breathe in artificially cooled air; my ear drums note the tap tap of the keyboard and the steady uninterrupted sound of the air conditioner, What is that sound? The roar of the ocean from 30 yards away...Inside, my thoughts are are balls in an electronic game machine, bouncing hither and yon from lever to lever. I am a little grim and intent until I recall a dream related by a black man in the prison where I once worked. He said that when he was a small boy, back home, he dreamed he was standing on his front porch pissing, and that he suddenly found himself pissing stars...
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