Paul Krugman Tweets Out Info on a Great Loophole in the Tax Reform Bill

President Trump's tax reform bill is mostly about benefitting himself, his crony friends, and members of Congress. That said, I am all for tax loopholes. Paul Krugman seems to believe he has spotted a biggie. Enjoy!

So as I understand it, the Corker/Trump loophole/kickback would let many highly paid professionals dodge taxes as follows: first, buy the building you work in. Then charge yourself an exorbitant rent. This shifts income into your low-tax LLC. Voila! Many other scams likely.

— Paul Krugman (@paulkrugman) December 19, 2017

    -RW