Reply To: Tax Time Nightmare….Trump’s Tax Reforms Cost me big time

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akuperma
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Acting against his own personal economic interests (assuming he is as rich as he claims to be and isn’t just faking it), Trump targeted high income persons and affluent home owners in states with high state taxation, and benefits those with lower incomes who can’t afford to own a home and live in poorer states.
This is the idea of progressive taxation. Until recently, it was the Democrats who favored a “tax the rich”, but as the Democrats become the party of Limousine liberals it appears it is now the Republicans who are the party of that favors progressive tax rates.