[President Trump could cut his tax bills by more than $1.1 billion, including saving tens of millions of dollars in a single year, under his proposed tax changes, a New York Times analysis has found. On Wednesday, the White House announced a sweeping plan to cut a variety of taxes that would overwhelmingly benefit the wealthy. The estimate of Mr. Trump’s savings is based in part on information from his 2005 federal tax return. The analysis compares what his tax burden would be under current law with what it would be under the proposal. Mr. Trump’s 2005 return is the most recent available publicly and was released in March by David Cay Johnston, a former New York Times reporter. The Times’s figure also relies on an estimate of Mr. Trump’s net worth, calculated by the Bloomberg Billionaire’s Index to be $2.86 billion.]
https://www.nytimes.com/interactive/2017/09/28/us/politics/trump-tax-benefit.html Trump Could Save More Than $1 Billion Under His New Tax Plan By JESSE DRUCKER and NADJA POPOVICH SEPT. 28, 2017 Snipped -- Peace Is Doable -- You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/greenyouth. For more options, visit https://groups.google.com/d/optout.
