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  • Los Angeles Times

    There's much to dislike about Trump's tax plan, but lowering the corporate tax rate isn't it

    by Los Angeles Times Sep 29, 2017 3 minutes

    The following editorial appeared in the Los Angeles Times on Thursday, Sept. 28:

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    The long-awaited tax-code overhaul that President Donald Trump and top congressional Republicans unveiled Wednesday got the predictable reception from Democrats, who denounced the dramatic cuts for businesses and individuals as handouts for the wealthy. And to some extent, they're right: The framework does propose a prodigious amount of relief for America's Most Compensated, including ending the estate tax, lowering the top income tax rate and eliminating the alternative minimum tax.

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