Trump To Save Millions Under GOP Tax Reform Bill

The Washington Post reports that President Donald Trump will probably save millions of dollars under the GOP Tax Reform bill, which Trump claimed would make him a “big loser.”

Attorneys and tax experts, who reviewed the bill, told the newspaper that Trump could take advantage of “lower top tax rate and lucrative deductions for top-earning households” and “a last-minute tax deduction that helps many owners of high-value commercial real estate, the industry where he first made his fortune.”

“The tax plan’s transformation into law crystallizes the contrast between Trump’s populist rhetoric and the private fortune he made by marketing condos, hotels and golf resorts to a wealthy clientele.”

(Source: The Washington Post)

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