November 21, 2019

THE PROMISE: WEALTHY PEOPLE LIKE DONALD TRUMP WON’T BENEFIT FROM THE TAX CUT

“This is going to cost me a fortune, this thing, believe me. This is not good for me. Me, it’s not so – I have some very wealthy friends. Not so happy with me. But that’s OK. You know I keep hearing Schumer: ‘This is for the wealthy.’ Well, if it is, my friends don’t know about it.”
– President Trump, Nov. 29, 2017 [New York Times]

 

Source: Americans for Tax Fairness, “How Trump Benefits from the New Trump-GOP Tax Law,” Dec. 22, 2017. https://americansfortaxfairness.org/wp-content/uploads/How-Trump-Benefits-from-the-Trump-GOP-Tax-Law-12-22-17-FINAL.pdf