Rosary Solimanto, who has multiple sclerosis and fears for her finances, holds a protest outside Trump Tower over the Republican administration's proposed tax cut which many economists predict will benefit the wealthy at the expense of the poor and middle class. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Trump’s promised tax cuts could prove less than ‘tremendous’ for its national debt

The lurking reality is that over the next decade it is estimated the proposed tax plan will leave the US economy US$1 trillion worse off

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Rosary Solimanto, who has multiple sclerosis and fears for her finances, holds a protest outside Trump Tower over the Republican administration's proposed tax cut which many economists predict will benefit the wealthy at the expense of the poor and middle class. Photo: AFP
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