Trump’s flexible tax agenda. A year ago Donald Trump proposed an ambitious, expensive, and controversial tax plan. A month ago, he proposed a different, somewhat less controversial plan. Yesterday, he rolled out version 3.0.
Making tax shelters great again! TPC’s Steve Rosenthal considers Donald Trump’s proposal to allow businesses to expense the full cost of plant and equipment at the time of purchase, while also allowing them to deduct their borrowing costs for these acquisitions.