GOP health bill could slash Sheldon Adelson's tax bill by more than $40 million
GOP health bill could slash Adelson’s tax bill by more than $40 million
https://lasvegassun.com/blogs/elsewhere/2017/jun/23/gop-health-bill-could-slash-adelsons-tax-bill-by-m/
Sheldon Adelson, the billionaire casino magnate and Republican megadonor, could stand to benefit heavily from the House plan to overhaul America's health care system.
A new report from the Center for American Progress Acion Fund, a liberal think tank, and Tax March found that Adelson could see his tax bill slashed by millions of dollars if the American Health Care Act becomes law.
A Business Insider analysis of the report determined that Adelson could see his tax bill decline by about $43.5 million in 2017 if the AHCA is passed and the tax effect is retroactive to the current year.
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