At the fundraiser, LeFrak asked Trump about making changes in the tax bill, people familiar with the exchange said. Paul Singer, founder of the hedge fund Elliott Associates, has also made his views known to Republicans, although not directly to the White House. A number of business executives in New York have called Trump and his Cabinet, White House advisers say. “They’re killing the goose that lays the golden egg,” Wylde said, adding that the tax changes are hardest on “high earners” and “global commercial centers” that the economy needs to be successful. To offset some of these costs, the tax bills would make several changes that could limit tax breaks on the wealthiest Americans.

Source: Washington Post December 07, 2017 22:43 UTC