Their most cherished tax breaks will be protected, other tax breaks will be added and they’ll even see a reduction in their top marginal tax rate. But we know what the upper crust hoped to see in the tax plan, and it’s obvious that much of its wish list has been granted. — GOP description of a tax plan that rewards the wealthy with immense benefitsTo read the tax plan, however, one would think it’s exclusively about helping the middle class. The capital gains tax preference is preserved. The estate tax is the perennial target of the most dishonest Republican spin in the whole tax code.

Source: Los Angeles Times September 27, 2017 19:51 UTC