Trump's Dramatic Tax Overhaul Calls For...
NOTE: Revised to add points VII and VIII below. Calls for what? Those are the first words of the Washington Post story about the pathetic one page "tax plan" released by the Trump administration today. Before even looking at the actual contents of that page, I would like to write the first sentence of what would have been my strictly neutral report on this earth-shaking event: "Trump reveals intent to ram through the same massive tax cuts for the rich that Republicans have been pushing for a century, larded with the bare minimum of supposed cuts for everyone else- cuts that will miraculously largely disappear before the bill is enacted- to delude his greed-maddened, stupid supporters into destroying their children's future for a few bucks thrown their way." Okay, now we have the pre-written view from both sides. Let's look at Trump's proposal and see who is closer to the truth. I. Cutting the top corporate tax rate from 35% to 15%- that i...