Trump’s Tax Cutting Plans

Nothing brings Republicans together quite like the goal of cutting taxes.  

However, deciding which taxes to reduce — and to what extent — often proves challenging. With Republicans poised to take full control of Washington next year, they will need to navigate several critical and potentially divisive questions before passing a new tax cut.  

A key consideration will be the overall cost of the legislation. Some Republicans are concerned about excessive tax cuts that could significantly increase the deficit. Others argue that tax cuts stimulate economic growth and are worth the potential fiscal trade-offs. Many believe the..