Why Trump Will Regret Passing Tax Reform

Meeting with his Cabinet on Monday, the president of the United States, ever a believer in the axiom “overpromise and underdeliver,” vowed to sign “the largest tax cut in the history of our country.” Just as they told the president that Obamacare repeal was a brilliant, slam-dunk first move for his administration, so too his advisers are telling him that tax reform is another no-brainer.

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