Timothy L. O'Brien, Columnist

Goodie for Trump Oozes Out of Tax-Reform Fog

Latest bill includes a break for real-estate investors with few employees. Can you name one of those?

December 18, 2017 at 7:52 PM UTC

Timothy L. O'Brien is senior executive editor of Bloomberg Opinion. A former editor and reporter for the New York Times, he is author of “TrumpNation: The Art of Being the Donald.”

Little cat feet.
Photographer: Chris J Ratcliffe/Getty Images

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Legislative shenanigans come on little cat feet.

And so it went on Friday, when Republicans sitting on silent haunches appear to have added a last-minute provision to their monumental tax overhaul. The addition would allow real estate investors — guys like President Donald Trump — to see their business income taxed at a lower, more favorable rate than they would otherwise have had to pay.