Every once in a while the Trump administration does—or seriously considers doing—something that’s so on the nose, you wonder if there is, in fact, a cartoon villain living in the White House. On Monday, we got the latest example of President Trump and his rich buddies’ shamelessness in trying to enrich themselves and their golfing partners with the New York Times report that Trump’s Treasury Department is pondering ramming through a $100 billion tax cut almost exclusively to the very wealthiest in America by overhauling how the capital gains tax is calculated. To make matters even more underhanded, the White House is studying whether it can bypass Congress and make the move by executive fiat by arguing it’s a simple regulatory change rather than a legislative one.
from Stories from Slate https://ift.tt/2LNO9Fm
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