Yes, the United States Can Afford Trump's Tax Cuts

Yes, the United States Can Afford Trump's Tax Cuts
AP Photo/Matt Rourke, File

The Trump administration announced Wednesday its intent to proceed with a radical cut to the corporate-income tax, lowering it to 15 percent. We haven't been presented with enough details to conclude whether such a plan can work, but I've been seeing some of my fellow economists claim — incorrectly — that we can't afford those changes.

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