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Reading: tax avoidance as an exploit | www.theguardian.com

From tax avoidance as an exploit | www.theguardian.com

> The billionaires don’t just exploit the loopholes. They also make them through pushing for ever-expanding exemptions from the tax burden they would otherwise pay. In Trump’s case, it is true in the most literal sense that he made the rules he benefits from. Trump’s major legislative initiative was a whole new tax cut tilted toward giving wealthy people like himself even more favorable treatment. It’s one thing to pay only your legal minimum but understand that the system is unfair. It’s quite another to be actively trying to make that system more grotesquely unequal.

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Reading: Republicans Sink Further Into Trump’s Cesspool – NYT

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One day of testimony.

When this story is finally told — when the sordid details are revealed, the dots finally connected — the Republican Party will be the political and institutional version of Mr. Cohen, who squandered his integrity in the service of a man of borderless corruption.

It’s a fair cop.

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What I’m reading 21 May 2018

  • Trump Only Has One Scandal – The Atlantic – Slouching towards Bethlehem. The act of fascism gives way to grounds of fascism.

    > There are not many Trump scandals. There is one Trump scandal. Singular: the corruption of the American government by the president and his associates, who are using their official power for personal and financial gain rather than for the welfare of the American people, and their attempts to shield that corruption from political consequences, public scrutiny, or legal accountability. – (trump corruption rhetoric )