December 24, 2015

Donald Trump’s Tax Plan Is Far More Sensational Than Jeb Bush’s

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The folks at the Tax Policy Center have spurned my advice to spend more time with their families, instead spending their holiday weekends beavering away on an analysis of Donald Trump’s tax plan. And the important news is that it’s bigger, more energetic, and altogether more taxerrific than Jeb Bush’s weak-tea excuse for a tax plan. Bush would increase the national debt by 28 percentage points over the next decade. Trump kills it with a 39 point increase in red ink. Bush raises the federal deficit by $1 trillion in 2026. Trump goes big and increases it by $1.6 trillion. Bush’s plan costs $6.8 trillion over ten years. Trump’s plan clocks in at a budget-busting $9.5 trillion. And Bush reduces the tax rate of the super-rich by a meager 7.6 percent. Trump buries him by slashing tax rates for the Wall Street set by 12.5 percent.

Once again, Bush has brought a knife to a gun fight, and Trump has slapped him silly. This is why Trump is a winner. Merry Christmas, billionaires!

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We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

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