Trump’s Tax Cuts Aren’t a Tax Cut

Trump’s Tax Cuts Aren’t a Tax Cut

Biden falsely claims student debt write-off passed by Congress as an example of government ‘overreach.’ Biden claims: ‘The only bill that I want to see is my debt-free college diploma.’”

“The debt ‘fix’ that [Obama] promised,” Biden snorted. “A bill that will cost taxpayers $17 trillion. That will be paid for by the middle class and working class.”

Even as he was talking about a bill — a bill that will cost taxpayers $17 trillion — that Biden said would be paid for by the middle class and working class, Trump was laying the groundwork for a tax cut that would benefit the rich, the Wall Street crowd and corporations.

But Trump never mentions debt in speeches or on Twitter or in his stump speeches. He often goes there to tout his tax cuts.

In fact, Trump has repeatedly promised tax cuts for the rich — but that hasn’t stopped him from railing against the deficit.

He’s promised tax breaks for wealthy investors who own businesses, and he has pledged billions of dollars in tax breaks for those who buy real estate.

That’s why, on Wednesday, in a tweet, Trump said: “I am being paid $45 million. I built a great company that will be worth many times that in short order.” But it’s not clear where that money — the $45 million mentioned in the tweet — went to pay for his tax cut.

Indeed, it was Trump who brought attention to the issue of whether he is still contributing money to charities and others with the expectation of getting tax breaks.

In July, Trump announced that his charitable foundation, the Trump Foundation, would give away $5 million of its $10 million-per-year budget to organizations that help children, the poor and people in need. He also announced an agreement to donate $10 million from his

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