Updated 9/29/2017 10:43 AM PDT
1/ Trump could personally save about $1.1 billion in taxes under his proposed plan. The analysis is based off Trump’s 2005 federal tax return and his estimated $2.86 billion net worth. In theory, Trump could save about $1.1 billion from repealing the estate tax, $31 million from repealing the alternative minimum tax, about $16 million from changes to certain types of business income, and about $500k from reducing the highest tax rate from 39.6% to 35%. (New York Times)
This is a companion discussion topic for the original entry at https://whatthefuckjusthappenedtoday.com/2017/09/29/day-253/