“…But according to an analysis by Americans for Tax Fairness, the plan would cut between $6.7 and $8.3 trillion over the next ten years, and those cuts would “largely benefit the richest Americans and biggest corporations.”
What’s more, as much as $3 to $5 trillion wouldn’t be offset by closing loopholes and eliminating deductions, and “the resulting jump in the deficit threatens funding of Social Security, Medicare, Medicaid, public education and other vital services.”
#45 would also repeal the estate tax, which would provide a huge windfall for His Own Family and another 5,400 Estates that face the tax nationwide, according to Chloe Choe at The Center for Budget and Policy Priorities.
Bill Moyers
The Age of Nefarious
Tagged: 45 Scam, Age, BIll Moyers, Nefarious 45, No tax fairness, the estate tax
Leave a Reply