Donald Trump’s faked-up tax reform not only would funnel literally billions of dollars to the top 0.1% of earners, as the Washington Post explains, it also would have virtually no effect on his now-infamous $915 million Net Operating Loss.
Too bad, because as James B. Stewart points out in The New York Times,four simple changes to the tax code would go a long way toward closing the biggest loopholes that Trump has probably taken advantage of.
As The Donald himself would probably say, “It’s simple! So simple!!”
Not going to happen, of course. But in the meantime, here’s what could be Trump’s current theme song, as he lashes out at, well, everyone:
“Paranoia, paranoia, everyone’s coming to get me,” indeed. Thanks, Harvey Danger.