It ' s a giveaway in terms of the US letting people keep money while not give much back to the country . That is , we ' re allowing them to take money out of the country whether they ' re hoarding it or investing overseas at a higher rate than they ' re putting in . We can ' t have a functioning country if money is being taken out of the equation . The tax rate on the wealthy is fairly low it has been since the Reagan tax cuts . The new administration wants them even lower . The last time that happened was in the mid 1920 ' s . As a matter of fact , you can almost draw a line of the tax rate on the wealthy versus the economic health of the United States . So while you ' re just looking at what a group of people get to keep , economists and historians are looking at how the economic health of the country . Think big picture .