Home | About | Donate

Trump’s Proposed Treasury Secretary Could Get $3.3 Million Tax Cut Annually from Trump Tax Plan


#1

Trump’s Proposed Treasury Secretary Could Get $3.3 Million Tax Cut Annually from Trump Tax Plan

Americans for Tax Fairness

WASHINGTON - Americans for Tax Fairness estimates that Steven T. Mnuchin, President-elect Donald Trump’s nominee for U.S. Treasury Secretary, could slash his personal tax bill by up to roughly $3.3 million a year should Trump’s tax plan become law. He would save similar amounts if House Speaker Paul Ryan’s tax plan were enacted. Repeal of the Affordable Care Act (ACA) alone could cut Mnuchin’s taxes by up to about $500,000 a year by eliminating two Medicare taxes on high-income filers.

###