Tax reform part 3

Donald Trump’s tax reform is a dead letter. Tax reform requires leadership and Trump has little and what little he has will be consumed by Russiagate and the crisis in Puerto Rico. Don’t be fooled by all the discussion about tax brackets and deductions. It’s a distraction from Trump’s real goal which is the permanent repeal of the estate (“death”) tax. Its repeal would only affect the wealthiest Americans, would cost the government much tax revenue, and make inequality in the US much worse.

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