Get ready for a huge deficit hike
Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the details, the plan will almost certainly blow up the federal deficit, and that has big […]
Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the details, the plan will almost certainly blow up the federal deficit, and that has big economic and political implications.
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