" ...the Trump tax cut is full of destructive loopholes; much of the bill was drafted by lobbyists on behalf of their clients. That is, what’s happened a multitrillion-dollar bill is rammed through through Congress without a single hearing, presumably out of fear that it would have been rejected if anyone had had time to figure out what was in it. The bill’s drafting was so rushed that many provisions were actually written in by hand at the last minute. Selective tax breaks often end up mainly providing new and improved ways to dodge taxes. Rich people with smart accountants don’t have a hard time pretending to be small-business owners, developers serving poor communities or whatever else the creators of those tax breaks are ostensibly trying to promote."
At www.nytimes.com
