The Tax Plan
The Republican tax plan is just as controversial as one might expect any major tax overhaul to be. Some specific plan details are out – the corporate tax rate, for instance – while others are not – details of the high-income surtax, for instance. As a result, any analysis claiming identify winners and losers – the Center for Tax Policy claim of a big tax cut for the rich, for instance – are necessarily based on incomplete information
This week, a first look at what we know and what we don’t know about the plan. We consider the likely economic impact, and more importantly, the chance this plan can pass.