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Trump Administration Is Divided Over Tax Cut.....>

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US: Trump Administration Is Divided Over Tax Cut for Investors (NYT)
- Trump administration officials are divided over whether to give investors a
big tax cut that would primarily benefit the rich before the 2020 election heats
up in earnest.
- Republican senators and conservative anti-tax groups are increasingly pushing
the administration to use executive authority to deliver a tax cut to investors
on profits they earn when selling assets like stocks or bonds. Such a move would
defy a legal opinion issued in 1992, under President George Bush, and add an
estimated $100 billion to the already surging national debt.
- Link: https://tinyurl.com/y6nmas6q
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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