How Trump's Tax Cut Plan Would Blow Up the Deficit

How Trump's Tax Cut Plan Would Blow Up the Deficit
AP Photo/Damian Dovarganes

Tax and budgetary policy experts are divided on the impact that President Trump's proposal to slash the corporate income tax rate from 35 percent to 15 percent would have on the federal budget and the broader US economy. Some think it would be bad. Others believe it could be catastrophic.

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