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Buried in the Fine Print, Trump Rule Would Give $2.5 Billion Tax Cut to Big Bank Fat Cats – Jake Johnson (08/10/2018)

Aug 10th, 2018 | By brinvest | Category: WallStreetWindow

As Wall Street banks continue to enjoy record profits thanks to President Donald Trump’s $1.5 trillion tax scam, Trump’s Treasury Department—headed by former Goldman Sachs executive Steve Mnuchin—quietly moved to hand big banks yet another major gift on Wednesday by hiding a $2.5 billion tax cut in the fine print of an “esoteric” new rule…

The post Buried in the Fine Print, Trump Rule Would Give $2.5 Billion Tax Cut to Big Bank Fat Cats – Jake Johnson (08/10/2018) appeared first on WallStreetWindow.

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