Sep

Tax Reform for the Rich: Reduce the Rates but Lose the Breaks

When the Trump administration unveils new details of its tax plan, promised for next week, one group of taxpayers will be under the microscope: the rich.

That’s because they take advantage of so many tax breaks that few, if any, pay the top rate of 39.6 percent. Eliminating at least some of those breaks would make it possible to reduce tax rates for the highest earners (and everyone else) while raising the same or even more in total revenue…

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Tax Reform for the Rich: Reduce the Rates but Lose the Breaks

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