Trump Asks Conservatives to Revamp Tax Plan

“Donald Trump’s campaign has enlisted influential conservative economists to revise his tax package and make it more politically palatable by slashing the $10 trillion sticker price. Their main targets: Lifting the top tax rate from Trump’s original plan and expanding the number of people who would have to pay taxes under it,” Politico reports.

“Trump’s initial proposal, rolled out with fanfare at Trump Tower in Manhattan last September, has been in the spotlight since he became the presumptive Republican nominee last week and promptly declared that it was only a starting point for any negotiations with congressional Democrats, should he become president.”

“But it turns out Trump’s team is open to revamping it far sooner than that; the campaign last month contacted at least two prominent conservative economists — Larry Kudlow, the CNBC television host, and Stephen Moore of the Heritage Foundation and a longtime Wall Street Journal writer — to spearhead an effort to update the package.”

FavoriteLoadingSave to Favorites
Read previous post:
Economic Myths from the Presidential Campaign

New York Times: "If you want to learn about the economy, there are good and bad places to go. Probably...

Close