In this video, The New American’s Alex Newman breaks down President Trump’s proposed tax plan. First, he highlights the good–lower taxes, less loopholes, eliminating state and local tax deductions, less complexity, and more. But there is at least one major problem: The tax cuts so far are not tied to spending cuts. Nevertheless, Alex argues that this is a step in the right direction.
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Tax-reform Plan Called “Tremendous by Trump, “Fake Math” by Schumer
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