financeisboring.com - BECAUSE FINANCE IS BORING

Description: Wall Street reform is not always the sexiest topic. In fact, Wall Street depends on the intimidation people feel when hearing words like "derivatives" in order to continue to gut safeguards to protect...

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CNN Trump Tax Goldman Sachs

In a debate on CNN with Stephen Moore, a former Trump campaign adviser and fellow at the Heritage Foundation, I pointed out that “only one dollar for every nine dollars in tax revenue is currently coming from corporations because they have so many methods of dodging taxes, shifting them overseas.”

“In addition to not having very many details, in addition to not having Donald Trump’s tax returns, we have two former bankers from Goldman Sachs announcing a plan that from the details that we do know will dramatically cut taxes for big banks like Goldman Sachs.”