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Promise the moon, deliver tax cuts for the wealthy

Promise the moon, deliver tax cuts for the wealthy

Passing a tax cut should be easy with a Republican Congress. After all, lower taxes are one of the pillars of the GOP faith, one of the few core principles holding the fractious party together. And the tax cut President Trump just unveiled, in his words, is “giant, beautiful, massive — the biggest ever in our country.” What’s not to like?

Plenty, it turns out. Trump’s tax proposal is already running into trouble — largely because he’s making the same mistakes as in his long, failed effort to repeal President Obama’s healthcare law.

Once again, our promoter-president has oversold his product. On healthcare, Trump promised better health insurance at a far lower cost; when he...

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