INTERVIEW — DAN MITCHELL – economist and senior fellow at the Cato Institute who specializes in fiscal policy, particularly tax reform, international tax competition, and the economic burden of government spending
- TOPIC: Explain what is in Trump’s tax plan and how it will impact everyday Americans and the economy:
- What’s in the Trump tax plan that promises ‘massive’ cuts
- Does the tax plan pay for itself?
- Trump’s tax reform: Individual rates 10, 25 and 35%, Childcare tax credit, 15% business rate, Repeal death tax, Repeal AMT, repatriation, From 7 brackets to 3 brackets, Double standard deduction: A married couple will not have to pay taxes on the first $24,000 it earns, Personal deductions eliminated
