The multitrillion-dollar tax cut bill Trump signed in 2017 large

Avalon - The multitrillion-dollar tax cut bill Trump signed in 2017 largely benefitted the rich and corporations. Now, some of the provisions of that law, pushed through by then-Senate Majority Leader Mitch McConnell when the Republican Party controlled both houses of Congress, are expiring. Trump has said he wants to renew and expand the law, but that would require winning the election and the GOP gaining control of the Senate while holding on to the House. In the meantime, wealthy Americans are preparing to accelerate a huge transfer of wealth to their heirs by using the law’s large estate-tax breaks