The Damage Report
The Damage Report
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Trump Plot REVEALED As Devastating Tax Scheme Gets Worse

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January 5, 2025

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Donald Trump's devastating tax scheme to help corporations profit massively while creating more suffering for working class Americans gets exposed through new report on Trump's latest pick of notorious corporate lobbyist, Ken Kies, to be assistant secretary for tax policy at the Treasury Department. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!

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Trump Picks Corporate Lobbyist for Key Tax Policy Role

"U.S. President-elect Donald Trump announced late Thursday that he has chosen a longtime corporate lobbyist and Republican donor to serve as assistant secretary for tax policy at the Treasury Department as GOP lawmakers prepare to craft another massive giveaway to the rich and major companies.

Ken Kies is currently managing director of the Federal Policy Group, a lobbying firm that was hired last year by Microsoft, the Cruise Lines International Association, the American Automotive Leasing Association, and other corporate interests. If Trump and the incoming Republican Congress succeed in lowering the corporate tax rate to 15%, Microsoft would receive an annual tax break of $4 billion, according to one analysis.

Kies' profile on the Federal Policy Group's website touts the "significant legislative and regulatory results" he has delivered for his clients, "which include major corporations, trade associations, and coalitions of companies with common objectives.""

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Guests & Subjects Covered

Donald Trump'sKen KiesTreasury Department John IadarolaBrett ErlichThe Damage Report LeaveTrump Picks Corporate LobbyistKey Tax Policy RoleUS President-elect Donald Trump

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Trump Plot REVEALED As Devastating Tax Scheme Gets Worse · The Damage Report · Sentinel