Economics
Trump Confusion on Tax Plan Leads to Wider Estimates of Cost
- Proposal’s 10-year cost seen perhaps increasing $1.5 trillion
- Unclear whether ‘pass-throughs’ would benefit in latest plan
The Trump Plan: Low Taxes, High Growth, Few Details
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Donald Trump’s campaign last week eliminated any mention of one of his major tax proposals -- a proposed tax cut that would benefit private-equity funds and hedge funds -- from his published plan.
Now, after conflicting statements from Trump’s advisers, an independent economist who has worked closely with Trump’s campaign to review its tax proposals says he can’t tell if that tax cut is alive or dead.