President Trump appears with two powerful members of his administration, both Goldman Sachs alumni. Gary Cohn is on the left and Steve Mnuchin is in the middle.

If there’s one thing the Republican Party can be counted on to do, it’s lower the tax burden of wealthy Americans. They’re in the midst of an effort to do so right now, and one bill recently passed in the House of Representatives. But the bill is massively unpopular, with only 25 percent of Americans approving of it. Republicans have a remarkably candid response when pressed as to why they are pushing such unpopular and destructive legislation: it’s to please their donors. Continue reading →