Trump Tax Plan Shows GOP Is Still Reaganite

President Trump and congressional Republicans unveiled a tax-reform plan this week. After whiffing on an Obamacare repeal and replace, the GOP, which looks fairly united here and, after all, owns the Oval Office and majorities in both houses, enjoys better-than-even odds of passing some variant of its plan. Independent of this, as Warren Buffett noted to CNBC, Any politician that can't pass a tax cut is probably in the wrong line of business. That said, obstacles confront this group of Republican reformers that did not get in the way of their forebears in the 1980s. First, nearly half of all