Source: Washington Post
by George F Will
“Donald Trump’s economic agenda, from taxes to tariffs (which are themselves taxes), is variable because he believes in the immediate translation of whims into policy proposals, without an intervening pause for study. (His conversation with a Las Vegas waitress quickly became his proposal to end taxation on tips.) Commerce Secretary Howard Lutnick says Trump suddenly favors eliminating ‘taxes’ on people making less than $150,000 a year — in 2022, about 93 percent of Americans 15 and over. If Trump is referring only to income taxes, that would mean (according to Jared Dillian, writing for Reason) that only 7 percent of Americans would pay any income taxes. … Progressives want income taxation to be more progressive so the wealthy will pay ‘their fair share.’ Trump is more progressive still, wanting the wealthy to pay everyone else’s share, too.” (04/04/25)