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Why Donald Trump’s tax cuts for the rich won’t make America great again

Donald Trump’s plan to lower taxes and deregulation, to “incentivise” investors and “free up” the economy won’t work because it never worked in the past. When Ronald Reagan tried it in the 1980s, he claimed that tax revenues would rise. Instead, growth slowed, tax revenues fell, and workers suffered. The big winners in relative terms […]

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Fact-checking Donald Trump’s first presidential address to Congress

Highlights from Donald Trump’s first speech to Congress. Jobs, taxes and business “Since my election, Ford, Fiat Chrysler, General Motors, Sprint, Softbank, Lockheed, Wal Mart, and many others have announced they will invest billions and billions of dollars in the United States and will create tens of thousands of new American jobs.” Some of these […]

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No Tax Cut for Rich – A Trump Tale

Donald Trump and Treasury nominee Steven T. Mnuchin vowed there would be no tax cut for the rich. Yeah. Right. The president has raised expectations among his working-class supporters that “the rich will pay their fair share,” and that “special-interest loopholes that have been so good for Wall Street investors, and for people like me, […]

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What is Donald Trump likely to achieve in power?

All that just about everyone can agree on is that Mr Trump promises to be an entirely new sort of American president. The question is, what sort? For sure, Mr Trump is changeable. He will tell the New York Times that climate change is man-made in one breath and promise coal country that he will […]