--- title: "Meaning & Key Takeaway of: Trump himself stands to benefit…" description: "\"Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax..." image: "https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg" --- # Trump himself stands to benefit dramatically from the tax… ![“Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax returns for him was in 2005, where he paid about $31 million because of the alternative minimum tax. He won't have to pay that, if this tax bill…” quote by Keith Ellison](https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg) [Download](https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg) [Open image](https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg) > “Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax returns for him was in 2005, where he paid about $31 million because of the alternative minimum tax. He won't have to pay that, if this tax bill goes through. So, not only is he reordering our constitutional democracy, he is personally enriching himself - which is not new, because, of course, he's done it ever since he swore an oath to become president of the United States.” [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The claim suggests that the tax legislation disproportionately benefits the president personally, implying a conflict of interest and erosion of democratic norms. **In simple terms:** Tax cuts may enrich the president, raising ethical concerns. Key Takeaway Beware of policies that serve private gain over public good. Themes politics ethics tax policy conflict of interest Mood skeptical concerned Type political analytical When to use this quote - legislative debate - media analysis - public watchdog reporting Key Concepts public finance constitutional democracy personal enrichment Questions to Reflect On - How do we ensure tax laws are fair for all? - What safeguards prevent personal gain from public office? A Different Perspective Such claims can be politically charged and may lack full fiscal context. ★ ★ ★ ★ ★ No ratings yet [Democracy](https://sms4smile.com/quotes/about/democracy/) [Oath](https://sms4smile.com/quotes/about/oath/) [President](https://sms4smile.com/quotes/about/president/) [Tax cuts](https://sms4smile.com/quotes/about/tax-cuts/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [We're very focused in on outcomes for government with respect to the amount of tax that goes in and the amount of expenditures that…](https://sms4smile.com/quotes/steve-ballmer/we-re-very-focused-in-on-outcomes-for-government-with-respect-to-the/) [Steve Ballmer](https://sms4smile.com/quotes/author/steve-ballmer/) > [Let me announce this to the American people tonight one of the best things about this debate, as a Democrat from Massachusetts, I have…](https://sms4smile.com/quotes/richard-neal/let-me-announce-this-to-the-american-people-tonight-one-of-the-best/) [Richard Neal](https://sms4smile.com/quotes/author/richard-neal/) > [The rationale for eliminating the alternative minimum tax is that such a backup system should not be necessary if the tax code is fundamentally…](https://sms4smile.com/quotes/james-b-stewart/the-rationale-for-eliminating-the-alternative-minimum-tax-is-that/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [The alternative minimum tax was designed to prevent the very wealthiest Americans from overusing certain tax benefits to avoid most of their tax burden.](https://sms4smile.com/quotes/richard-neal/the-alternative-minimum-tax-was-designed-to-prevent-the-very/) [Richard Neal](https://sms4smile.com/quotes/author/richard-neal/) > [ I will absolutely give my \[tax\] return, but I'm being audited now for two or three years, so I can't do it until the… ](https://sms4smile.com/quotes/donald-trump/i-will-absolutely-give-my-tax-return-but-i-m-being-audited-now-for/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [The same government that requires a taxpaying citizen to document every statement on his tax return decrees that questioning a welfare applicant demeans and…](https://sms4smile.com/quotes/ronald-reagan/the-same-government-that-requires-a-taxpaying-citizen-to-document/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [It just seems to me that this is something that the American people deserve to see. And I have no reason to believe that…](https://sms4smile.com/quotes/hillary-clinton/it-just-seems-to-me-that-this-is-something-that-the-american-people/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [Every presidential candidate for decades has released his tax returns, and I've released 33 years of my tax returns. The American people deserve to…](https://sms4smile.com/quotes/hillary-clinton/every-presidential-candidate-for-decades-has-released-his-tax-returns/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [America should really wonder about a President Trump, who had a campaign manager with ties to Putin, pro-putin elements in the Ukraine who had…](https://sms4smile.com/quotes/tim-kaine/america-should-really-wonder-about-a-president-trump-who-had-a/) [Tim Kaine](https://sms4smile.com/quotes/author/tim-kaine/) > [ Arnold Schwarzenegger made his tax returns public, \[and\] now there's a problem about him stretching the truth. Apparently under occupation he put down 'actor.' ](https://sms4smile.com/quotes/jay-leno/arnold-schwarzenegger-made-his-tax-returns-public-and-now-there-s-a/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [I'm not the only taxpayer who has no idea what he's sending to the IRS. This year, only 28 percent of all Americans will…](https://sms4smile.com/quotes/dave-barry/i-m-not-the-only-taxpayer-who-has-no-idea-what-he-s-sending-to-the/) [Dave Barry](https://sms4smile.com/quotes/author/dave-barry/) > [We want your pre-field income tax returns to reach to you and we are working on it. We are also working to simplify GST…](https://sms4smile.com/quotes/anurag-thakur/we-want-your-pre-field-income-tax-returns-to-reach-to-you-and-we-are/) [Anurag Thakur](https://sms4smile.com/quotes/author/anurag-thakur/) > [I don't like the income tax. Every time we talk about these taxes we get around to the idea of 'from each according to…](https://sms4smile.com/quotes/t-coleman-andrews/i-don-t-like-the-income-tax-every-time-we-talk-about-these-taxes-we/) T. Coleman Andrews > [If I decide to run for office, I will release my tax returns. Absolutely. I would love to do that.](https://sms4smile.com/quotes/donald-trump/if-i-decide-to-run-for-office-i-will-release-my-tax-returns/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [He should release the tax returns tomorrow. It's crazy. You've got to release six, eight, ten years back tax returns. Take the hit for…](https://sms4smile.com/quotes/william-kristol/he-should-release-the-tax-returns-tomorrow-it-s-crazy-you-ve-got-to/) [William Kristol](https://sms4smile.com/quotes/author/william-kristol/) ## More by Keith Ellison > [If you put everything, your heart and soul into a campaign, it might take you a while to come around to the realization that,…](https://sms4smile.com/quotes/keith-ellison/if-you-put-everything-your-heart-and-soul-into-a-campaign-it-might/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I think that you need all perspectives to reflect the needs of the country. If you only give people one perspective, inputting their views…](https://sms4smile.com/quotes/keith-ellison/i-think-that-you-need-all-perspectives-to-reflect-the-needs-of-the/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I've been winning with 70 percent of the vote, and if you look at my district, you know it's a majority Christian district, and…](https://sms4smile.com/quotes/keith-ellison/i-ve-been-winning-with-70-percent-of-the-vote-and-if-you-look-at-my/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [If you ignore somebody's record and only focus on something that happened 25 years ago when all they were doing even then was trying…](https://sms4smile.com/quotes/keith-ellison/if-you-ignore-somebody-s-record-and-only-focus-on-something-that/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [When you're a leader, you cannot ignore parts of your constituency, even if you know they're not going to vote for you.](https://sms4smile.com/quotes/keith-ellison/when-you-re-a-leader-you-cannot-ignore-parts-of-your-constituency/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [We need a strong farm bill that gives assistance to farmers during times of drought, creates markets for local goods, protects our environment, and…](https://sms4smile.com/quotes/keith-ellison/we-need-a-strong-farm-bill-that-gives-assistance-to-farmers-during/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [Donald Trump was tainted every kind of way you could imagine. I mean, no way in the world that Donald Trump is a champion…](https://sms4smile.com/quotes/keith-ellison/donald-trump-was-tainted-every-kind-of-way-you-could-imagine-i-mean/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [The middle class should not continue to foot the bill for tax breaks for millionaires and billionaires.](https://sms4smile.com/quotes/keith-ellison/the-middle-class-should-not-continue-to-foot-the-bill-for-tax-breaks/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I think that Donald Trump picked on people's fears, their anxieties and he gave them somebody to blame, and some folks just really turned…](https://sms4smile.com/quotes/keith-ellison/i-think-that-donald-trump-picked-on-people-s-fears-their-anxieties/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I've been talking to people all over the country, city council members, grassroots leaders, party leaders, members in Congress - and you know what?…](https://sms4smile.com/quotes/keith-ellison/i-ve-been-talking-to-people-all-over-the-country-city-council-members/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I love the donors and we thank them, but it has to be that the guys in the barber shop, the lady at the…](https://sms4smile.com/quotes/keith-ellison/i-love-the-donors-and-we-thank-them-but-it-has-to-be-that-the-guys-in/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I'm particularly good at turnout. So in my district, I had the lowest voter turnout in 2006. And now I have the highest turnout…](https://sms4smile.com/quotes/keith-ellison/i-m-particularly-good-at-turnout-so-in-my-district-i-had-the-lowest/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [I want to avoid sounding like I'm criticizing because I don't have all the facts in front of me yet. And I am trying…](https://sms4smile.com/quotes/keith-ellison/i-want-to-avoid-sounding-like-i-m-criticizing-because-i-don-t-have/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [ “\[Martin Luther King\] said that little black boys and little black girls would be able to join hands with little white boys and little… ](https://sms4smile.com/quotes/keith-ellison/martin-luther-king-said-that-little-black-boys-and-little-black-girls/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) > [“America operates under the notion of equality before the law. Basic fairness is an article of faith. We may not agree on everything all…](https://sms4smile.com/quotes/keith-ellison/america-operates-under-the-notion-of-equality-before-the-law-basic/) [Keith Ellison](https://sms4smile.com/quotes/author/keith-ellison/) [Explore all 116 Keith Ellison quotes ](https://sms4smile.com/quotes/author/keith-ellison/) ## More Cutting quotes > [“I locked the door and turned on the water to fill the tub. I made it so hot that I had to get in…](https://sms4smile.com/quotes/susan-crandall/i-locked-the-door-and-turned-on-the-water-to-fill-the-tub-i-made-it/) [Susan Crandall](https://sms4smile.com/quotes/author/susan-crandall/) > [If my campaign is not in the debate, we will not be talking about how we really fix this problem of endless and expanding…](https://sms4smile.com/quotes/jill-stein/if-my-campaign-is-not-in-the-debate-we-will-not-be-talking-about-how/) [Jill Stein](https://sms4smile.com/quotes/author/jill-stein/) > [Since I worked with Danny Boyle before on Slumdog Millionaire, we have great success and everything. So, when I first got the script and…](https://sms4smile.com/quotes/a-r-rahman/since-i-worked-with-danny-boyle-before-on-slumdog-millionaire-we-have/) [A. R. Rahman](https://sms4smile.com/quotes/author/a-r-rahman/) > [A man has a right to use a saw, an axe, a plane, separately; may he not combine their uses on the same piece…](https://sms4smile.com/quotes/thomas-jefferson/a-man-has-a-right-to-use-a-saw-an-axe-a-plane-separately-may-he-not/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [I didn't understand Southland Tales script at all! Is there a single word to describe it? Cacophony? It's celebrity meets pornography meets politics -…](https://sms4smile.com/quotes/beth-grant/i-didn-t-understand-southland-tales-script-at-all-is-there-a-single/) [Beth Grant](https://sms4smile.com/quotes/author/beth-grant/) > [Confidence comes from cutting yourself some slack.](https://sms4smile.com/quotes/tess-daly/confidence-comes-from-cutting-yourself-some-slack/) [Tess Daly](https://sms4smile.com/quotes/author/tess-daly/) > [The nineteenth century lynching mob cuts off ears, toes, and fingers, strips off flesh, and distributes portions of the body as souvenirs among the…](https://sms4smile.com/quotes/ida-b-wells/the-nineteenth-century-lynching-mob-cuts-off-ears-toes-and-fingers/) [Ida B. Wells](https://sms4smile.com/quotes/author/ida-b-wells/) > [There ain't no such thing as black Muslims. That's how they tried to cut off all my brothers in the rest of the world…](https://sms4smile.com/quotes/muhammad-ali/there-ain-t-no-such-thing-as-black-muslims-that-s-how-they-tried-to/) [Muhammad Ali](https://sms4smile.com/quotes/author/muhammad-ali/) > [ We have no clear ideas of the agency of \[demonic\] spirits, nor is it necessary. The Scripture says little to satisfy our curiosity; but… ](https://sms4smile.com/quotes/john-newton/we-have-no-clear-ideas-of-the-agency-of-demonic-spirits-nor-is-it/) [John Newton](https://sms4smile.com/quotes/author/john-newton/) > [The child who ran weeping to you with a cut finger is now brought home, smiling gamely, with a broken collarbone and incredible contusions-…](https://sms4smile.com/quotes/pam-brown/the-child-who-ran-weeping-to-you-with-a-cut-finger-is-now-brought/) [Pam Brown](https://sms4smile.com/quotes/author/pam-brown/) > [Somewhere somebody must have some sense. Men must see that force begets force, hate begets hate, toughness begets toughness. And it is all a…](https://sms4smile.com/quotes/martin-luther-king-jr/somewhere-somebody-must-have-some-sense-men-must-see-that-force/) [Martin Luther King, Jr](https://sms4smile.com/quotes/author/martin-luther-king-jr/) > [“I hate the way you talk to me And the way you cut your hair I hate the way you drive my car I…](https://sms4smile.com/quotes/david-levithan/i-hate-the-way-you-talk-to-me-and-the-way-you-cut-your-hair-i-hate/) [David Levithan](https://sms4smile.com/quotes/author/david-levithan/) > [God holds each of us by a string. When we sin, we cut the string. But God ties it up again, making a knot.…](https://sms4smile.com/quotes/meister-eckhart/god-holds-each-of-us-by-a-string-when-we-sin-we-cut-the-string-but/) [Meister Eckhart](https://sms4smile.com/quotes/author/meister-eckhart/) > [What's the difference between obsolete and cutting edge? Obsolete works.](https://sms4smile.com/quotes/nicholas-negroponte/what-s-the-difference-between-obsolete-and-cutting-edge-obsolete-works/) [Nicholas Negroponte](https://sms4smile.com/quotes/author/nicholas-negroponte/) > [Geometry, which should only obey Physics, when united with it sometimes commands it. If it happens that the question which we wish to examine…](https://sms4smile.com/quotes/jean-le-rond-d-alembert/geometry-which-should-only-obey-physics-when-united-with-it-sometimes/) [Jean le Rond d'Alembert](https://sms4smile.com/quotes/author/jean-le-rond-d-alembert/) Browse all 6,010 Cutting quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax returns for him was in 2005, where he paid about $31 million because of the alternative minimum tax. He won't have to pay that, if this tax bill goes through. So, not only is he reordering our constitutional democracy, he is personally enriching himself - which is not new, because, of course, he's done it ever since he swore an oath to become president of the United States.", "creator": { "@type": "Person", "name": "Keith Ellison" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/keith-ellison/trump-himself-stands-to-benefit-dramatically-from-the-tax-cuts-one-of/", "about": { "@type": "Thing", "name": "Cutting" }, "@id": "https://sms4smile.com/quotes/keith-ellison/trump-himself-stands-to-benefit-dramatically-from-the-tax-cuts-one-of/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg", "contentUrl": "https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg", "url": "https://sms4smile.com/quotes/i/2b9/keith-ellison-4072_cutting_trump-himself-stands-to-benefit-dramatic_2223255.jpg", "width": 1080, "height": 1080, "caption": "“Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the…” — Keith Ellison", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Keith Ellison", "item": "https://sms4smile.com/quotes/author/keith-ellison/" }, { "@type": "ListItem", "position": 4, "name": "Trump himself stands to benefit dramatically...", "item": "https://sms4smile.com/quotes/keith-ellison/trump-himself-stands-to-benefit-dramatically-from-the-tax-cuts-one-of/" } ], "@id": "https://sms4smile.com/quotes/keith-ellison/trump-himself-stands-to-benefit-dramatically-from-the-tax-cuts-one-of/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```