A few thoughts about this week’s news that Trump will be putting forward a tax plan:
- Trump has no policies or positions other than enriching himself, so trying to engage with this “plan” in any meaningful sense is a fool’s errand.
- There will be more of the same old right-wing claims about how tax cuts will spur growth and thus increase revenues. These claims are garbage, and should be treated as such.
- We will likely also be told that cutting corporate taxes is critical to spurring innovation and preventing companies from relocating to other countries. These claims are also garbage.
Mostly, point #1 is the important one to keep in mind. Nothing Trump says actually means anything.