Wayne Messam in Yahoo News


On Corporations: Trump tax cuts disproportionately benefits big business

Mayor Wayne Messam rails against President Trump's 2017 tax reform law. The condemnation is familiar--the Tax Cuts and Jobs Act, he says, disproportionately benefits big business and millionaires.

Beyond bashing the TCJA, Mayor Messam's overall plan to wipe out student loan debt has some tax proposals in it. First, any canceled student loan debt would not be taxable income under the plan. Second, Mayor Messam has called for a new payroll tax on employers to help offset the cost of higher education.

Source: Rocky Mengle, finance.yahoo.com, on 2019 Democratic primary Aug 12, 2019

The above quotations are from Yahoo News.
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Page last updated: Jun 28, 2023