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David French on Tax Reform

 

 


Increasing taxes or increasing debt are both miserable

The Clinton and Trump tax plans are both miserable. Clinton offers the standard Democratic package of tax increases for the rich and vastly increased spending, while Trump's tax cuts would blast a hole in the budget, adding as much debt as Obama did-- without the burden of a historic recession. Clinton's plan would probably slow economic growth, but would be closer to revenue-neutral. Trump's plan would spur more growth but would also increase the national debt by up to $10 trillion. Pick your poison.
Source: David French column in National Review, "Trump & Hillary" , Mar 29, 2015

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