Clinton proposes closing real estate loophole, not Trump - News Summed Up

Clinton proposes closing real estate loophole, not Trump


“She complains that Donald Trump took advantage of the tax code,” Trump said. The tax code allows real estate developers or managers to use special tax breaks and benefits that the rest of us can’t. “Her plan would actually have more effect on the real estate business than Trump’s plan,” Burman said. Trump’s plan could benefit his industry and family in another way. He’d allow so-called pass-through firms to pay taxes at the lower 15 percent rate.


Source: Washington Post October 12, 2016 08:04 UTC



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