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12-22-2017, 09:40 AM
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The con continues..
"The layoffs have stunned these steelworkers who, just a year ago, greeted President Trump’s election as a new dawn for their industry. Mr. Trump pledged to build roads and bridges, strengthen “Buy America” provisions, protect factories from unfair imports and revive industry, especially steel.
But after a year in office, Mr. Trump has not enacted these policies. And when it comes to steel, his failure to follow through on a promise has actually done more harm than good."
Trump Promised to Protect Steel. Layoffs Are Coming Instead. - The New York Times
"One of the biggest beneficiaries of the massive, slapdash tax bill that President Trump and Republican lawmakers celebrated at the White House on Wednesday will be, wait for it . . . President Trump. What a coincidence!
The rest of Trump’s wealthy family will benefit lavishly as well, including his son-in-law and all-purpose adviser, Jared Kushner. And, of course, it’s not a coincidence at all. The chance that this president would preside over a revision of the tax code without lining his own pockets was zero. Anyone who believed Trump’s claim that the tax bill would “cost me a fortune” hasn’t been paying attention."
A sweetheart tax deal — for the Trumps - The Washington Post
"What fools Trump made of those Midwestern voters who wanted the reality star to go after Washington and New York elites. As “Too Big to Fail” author Andrew Ross Sorkin reported this week, “If you’re a billionaire with your own company and are happy to use your private jet so you can ‘commute’ from a low-tax state, the plan is a godsend. . . . Private equity and real estate executives, as has been well documented, will make out like bandits.”
Those rich insiders whom Trump walloped on his way to the White House will get more than 80 percent of this tax plan’s benefits at the end of a decade. Over that same period, most Americans will see their tax rates go up. Middle-class voters and small-business owners already burdened by prohibitive medical bills, crushing student debt or high state and local taxes will face the greatest burden, while President Trump and his family will waltz away with a windfall that could reach hundreds of millions of dollars.
The Trump clan will rake in this fortune from “pass-through” deductions, estate tax giveaways and top-rate tax reductions all because of this Republican tax cut. For a president already dogged with accusations that he is personally profiting off the presidency, such a massive giveaway to the very hedge-fund managers and real estate executives he promised as a candidate to confront only adds to the stench of self-dealing that engulfs all things Trump. Like autocrats across the world, the 45th American president has perfected the art of the self-deal."
The stench of Trump’s self-dealing - The Washington Post
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