Alex Akselrod
boosted
With little public scrutiny, the #Trump admin is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies & wealthiest investors.
The #Treasury Dept & #IRS, through a series of new notices & proposed #regulations, are giving breaks to giant #PrivateEquity firms, #crypto companies, #foreign #RealEstate investors, #insurance providers & a variety of multinational #corporations.
How the #Trump Administration Is Giving Even More #TaxBreaks to the #Wealthy
The #Treasury Department & #IRS are issuing rules that provide hundreds of billions of dollars in tax relief to big #corporations & the #ultrarich.
#law #SeparationOfPowers #aristocracy #plutocracy #WealthGap #USpol
https://www.nytimes.com/2025/11/08/business/trump-administration-tax-breaks-wealthy.html?smid=nytcore-ios-share&referringSource=articleShare
With little public scrutiny, the #Trump admin is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies & wealthiest investors.
The #Treasury Dept & #IRS, through a series of new notices & proposed #regulations, are giving breaks to giant #PrivateEquity firms, #crypto companies, #foreign #RealEstate investors, #insurance providers & a variety of multinational #corporations.
Lisa Melton
boosted
The #Trump family raked in more than $800 million from sales of #crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from #foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.
#law #emoluments
https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
The #Trump family raked in more than $800 million from sales of #crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from #foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.
#law #emoluments
https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement