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Trump’s tax plan would mean a $7.1 billion reward for his family — and cost taxpayers $10 trillion

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It seems like Donald Trump has at least one policy idea as president that would benefit — Donald Trump.

According to an analysis by Third Way, a Washington, D.C.-based think tank, Trump’s proposed elimination of the federal estate tax would be a $7.1 billion boon for his family. Along with proposed breaks on capital gains and income taxes, Trump’s plan would benefit mostly the wealthy and add $9.5 trillion to the national debt in 10 years.

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“His proposal would cut taxes at all income levels, although the largest benefits, in dollar and percentage terms, would go to the highest-income households,” The Urban-Brookings Tax Policy Center notes in its analysis. “The plan would reduce federal revenues by $9.5 trillion over its first decade before accounting for added interest costs or considering macroeconomic feedback effects. The plan would improve incentives to work, save, and invest. However, unless it is accompanied by very large spending cuts, it could increase the national debt by nearly 80 percent of gross domestic product by 2036, offsetting some or all of the incentive effects of the tax cuts.”

According to The Hill, the nonpartisan Urban-Brookings Tax Policy Center, the bill to tax payers for the break would be $10 trillion over 10 years.

Trump has economic advisers working to reduce the cost of his tax plan but “have not explicitly said they were making any changes to the plan’s treatment of the estate tax,” the Hill reports.

Trump’s tax plan isn’t the only policy he’s put forward that have many concerned. In a Wednesday night interview with the New York Times, Trump said he’d consider not honoring NATO treaties, depending on his judgment as to whether members are paying their fair share.

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Ex-prosecutor demands congressional investigation after latest report on the FBI and Brett Kavanaugh

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Supreme Court Justice Brett Kavanaugh had another allegation of sexual misconduct revealed on Saturday in a bombshell report in The New York Times.

"A classmate, Max Stier, saw Mr. Kavanaugh with his pants down at a different drunken dorm party, where friends pushed his penis into the hand of a female student. Mr. Stier, who runs a nonprofit organization in Washington, notified senators and the F.B.I. about this account, but the F.B.I. did not investigate and Mr. Stier has declined to discuss it publicly," the newspaper reported.

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Boris Johnson promises Britain will be like the Incredible Hulk during Brexit negotiations

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Prime Minister Boris Johnson said Saturday he was making a "huge amount of progress" towards a Brexit deal with the EU, in an interview in which he compared Britain to the Incredible Hulk.

"It's going to take a lot of work between now and October 17" when EU leaders gather for their final summit before Britain's scheduled exit from the bloc, he told the Mail on Sunday newspaper.

"But I'm going to go to that summit and I'm going to get a deal, I'm very confident. And if we don't get a deal then we'll come out on October 31."

His comments came ahead of talks with European Commission chief Jean-Claude Juncker and the EU's chief Brexit negotiator, Michel Barnier, in Luxembourg on Monday.

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NYT blasted for ‘spectacularly offensive sentiment’ after tweet illustrating ‘rape culture’

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The results of a 10-month investigation into Supreme Court Justice Brett Kavanaugh by New York Times reporters Robin Pogrebin and Kate Kelly was published on Saturday.

But attention was taken away from the powerful reporting after the Twitter account of The Times opinion page posted a shocking message.

"Having a penis thrust in your face at a drunken dorm party may seem like harmless fun," read the tweet.

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