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Trump tax proposals would spark “mother of all stagflations,” warns Larry Summers
The former US Treasury secretary blasts the policy platform of tariff hikes, income tax cuts, and Federal Reserve pressure.
White House unlikely to support SALT cap hikes as tax fight looms
A second term for President Joe Biden would mean focusing on higher taxes for corporations and billionaires, says top economic advisor.
Price tag for Trump tax cuts swells to $4.6T
Estimates from Congressional Budget Office project renewed fiscal measures will more than double the cost of the original 2017 cuts.
Advisors see Trump focusing on expiring tax cuts if he wins back White House
'If Trump wins the general [election], then it’s likely that the House and Senate go Republican as well, and the 2017 tax cuts get extended,' an advisor says.
