Sparking warnings that the Republican Party is preparing another massive gift for the rich and corporations, the Washington Post reported Thursday that President Donald Trump is “agitating to announce a new tax cut proposal heading into the 2020 election.”
According to the Post, the tax cut discussions are being led by National Economic Council director Larry Kudlow, a “Wall Street cheerleader” and fervent believer in the discredited idea of trickle-down economics.
“The early-stage discussions reflect Trump’s desire to refocus the economic narrative amid some signs of a slowing economy,” the Post reported.
View the complete November 1 article by Jake Johnson from Common Dreams on the AlterNet website here.