When he’s not contemplating how to govern America from a prison cell, Donald Trump is conferring with his economic advisors on how to give the rich even bigger tax cuts in his presumed second term as U.S. president. Their plan: a tax cut for the wealthy, dropping corporate tax rates to 15 percent, paired with a 10 percent tariff, increasing the economic burden on the middle class. So much for GOP populism.
More:
“Trump advisers plot aggressive new tax cuts for second White House term,” Jeff Stein, Washington Post
“Trump’s Economic Plan: Raise Taxes on the Middle Class, Cut Them on the Rich.” Jonathan Chait, New York Magazine
Related:
“Child poverty more than doubled in 2022 due to Republicans’ tax cut push. Trump plans for more.” Tatyana Tandanpolie, Salon
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Tags: Donald Trump, faux populism, federal taxes, GOP, MAGA, Make Plutocracy Great Again, plutocracy, Republicans, taxes, Trump
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