Marketplace®

Daily business news and economic stories

Trump’s tax plan raises economists’ eyebrows

President Trump is expected to unveil his tax plan tomorrow. It would reportedly lower the corporate tax rate to 15 percent. Budget analysts predict that would cost the federal government more than $2 trillion in revenue over a decade. But the administration says the tax cuts will boost the economy so much that they’ll pay […]

President Trump is expected to unveil his tax plan tomorrow. It would reportedly lower the corporate tax rate to 15 percent. Budget analysts predict that would cost the federal government more than $2 trillion in revenue over a decade. But the administration says the tax cuts will boost the economy so much that they’ll pay for themselves because of increased economic activity. Is that realistic? 

Click the audio player above to hear the full story.

Related Topics