Donald Trump Pushed to Embrace 17% Flat Tax by Steve Forbes, Larry Kudlow – Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Donald Trump
Donald Trump is under pressure from economists in his circle to embrace a flat tax rate, softer trade stance and to hold the line on the state and local tax deduction.
The minds behind these proposals include Steve Forbes, of Forbes Media, former White House economic adviser Larry Kudlow and economists Stephen Moore and Arthur Laffer. The men, who aren’t official advisers to his campaign, typically emphasize unleashing the supply potential of the economy with lower taxes, and to a degree that would have been unremarkable in the 1980s but which places them outside the economics mainstream today.