How Trump Turned Tax Day Into a Giveaway for the 1 Percent

“When he was selling the new tax law last fall, President Donald Trump insisted it ‘is going to cost me a fortune.’ In fact, any way you count it, he and his cronies will undoubtedly save a bundle. The plan reduces income taxes for top earners, slashes the rate for corporations like his, and includes a generous cut for owners of pass-through companies—of which he has about 500.”