For a guy that really doesn’t like policy or reading up on detailed policy papers, Donald Trump sure does have a penchant for introducing new tax plans. Today, Trump is releasing his FOURTH tax plan, in what might be an all-time record. Maybe he just keeps learning more and more about the economy as this campaign goes on?
We know Donald Trump’s chief economic advisers also happen to be his top campaign donors (and Wall Street and hedge fund investors), so it’s no surprise that the common thread through each of Trump’s tax plans has been disproportionate after-tax income boosts for top income-earners.
Another commonality: each of Trump’s tax proposals would add around $10 trillion to the national debt. And Moody’s Analytics reports that the implementation of Trump’s policies would mean that “the economy suffers a lengthy recession and is smaller at the end of his four-year term than when he […]Read more after the jump.