Trump’s new plan to cut taxes for the rich makes no sense
“President Trump campaigned as a different kind of Republican who would raise taxes on the rich so much that it was going to ‘cost’ him ‘a fortune.’ So, of course, he’s considering a plan that would almost exclusively give a near-exclusive tax cut to the wealthy investors who came out way ahead on his last tax plan — and this time he’d even bypass Congress to do it. Nothing says populism like giving billionaires a tax cut by executive fiat.”