How Big Companies Won New Tax Breaks From the Trump Administration – The New York Times

https://www.nytimes.com/2019/12/30/business/trump-tax-cuts-beat-gilti.html

I’m actually in favor of lower (or no) corporate taxes and a VAT aimed at the wealthy, but this isn’t good.

«Thanks in part to the chaotic manner in which the bill was rushed through Congress — a situation that gave the Treasury Department extra latitude to interpret a law that was, by all accounts, sloppily written — the corporate lobbying campaign was a resounding success.»

https://hyp.is/go?url=https%3A%2F%2Fwww.npr.org%2Ftranscripts%2F499490275&group=__world__

But note: I am absolutely not a libertarian.

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