Trump’s Budget May Give Private Equity a Giant Tax Break

jacobin.com

Trump’s Budget May Give Private Equity a Giant Tax Break

jacobin.com

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politics @lemmy.world • 22 hours ago

Lawmakers have inserted a line into Donald Trump’s new budget bill that would reward Wall Street firms with billions of dollars in new tax breaks when they load up companies with debt and proceed with pay cuts, factory closures, and layoffs.

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Finally, a win for people who need it most.

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