Vox

Trump's plan to cut his own taxes (2017x170)

Udgivelsesdato: Aug 13, 2017

The proposed budgets in Congress will make Trump even richer. Subscribe to our channel! http://goo.gl/0bsAjO Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: http://goo.gl/IZONyE Follow Vox on Twitter: http://goo.gl/XFrZ5H Or on Facebook: http://goo.gl/U2g06o Read the cartoonsplainer here: https://www.vox.com/policy-and-politics/2017/4/26/15324846/trump-pass-through-cartoon The Trump Organization is the 48th-largest private company in the US, and brought in $9.5 billion in revenue in 2016. But the Trump Organization doesn't pay taxes like a big corporation. It's a special kind of entity called a "pass-through" business. The designation was originally for small-business owners to bypass corporate taxes and only pay the individual tax rate. Now huge corporations are also taking advantage.