“Some of President Trump’s wealthiest New York friends have launched a last-minute campaign to pressure him for changes to the GOP tax bill, telling the president personally that the current plan would drive up their taxes and hurt his home state,” the Washington Post reports.
“Specifically, they have raised concerns about new limitations on their ability to deduct state and local taxes.”
Said Trump: “There are very, very few people that aren’t benefiting by [the tax package], but there’s that tiny little sliver, and we’re going to try to take care of even that very small group of people that just through circumstances maybe don’t get the full benefit of what we’re doing.”
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