“There’s nothing in the Trump tax proposals that would cut back on all the special tax subsidies for real estate investment,” USC professor Edward Kleinbard, an expert on tax law, told me Tuesday. One more thing: according to the conservative-leaning Tax Foundation, Trump’s tax plan would blow a giant hole in the federal budget: cutting revenue by at least $2.6 trillion over 10 years. I asked the Trump campaign on Tuesday if any of his tax proposals would cost him real money. Remember, this is the candidate who said: “My tax plan is going to cost me a fortune.”I got no response. Clinton’s tax proposals would actually cost her money.

Source: Los Angeles Times October 05, 2016 10:52 UTC