So far, nearly every single person Donald Trump has nominated to be in his cabinet is super rich. Some of them are even billionaires. And now it seems they may get one hell of a tax break if they’re confirmed.
Section 2634 of federal ethics laws contains a tax avoidance maneuver known as a “certificate of divestiture,” which allows incoming cabinet picks to sell billions of dollars in assets — so they can dodge future conflicts of interest — and most of the profits would be completely tax free.
It must be nice to be filthy rich, huh?
So the rich get richer and the rest of us wind up getting the shaft. How’s that for draining the swamp to make room for fatter alligators?