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Robert B. Reich

Trump's 'yuge' bamboozle

Trump's 'yuge' bamboozle

Donald Trump poses as a working-class populist, but his new economic plan would be a gusher for the wealthy, and almost nothing will trickle down to anyone else.

According to the independent Tax Foundation, Mr. Trump's tax plan would give the top 1 percent an average cut of at least $122,400, while the middle class gets a break of less than $500.

Not incidentally, the plan provides a huge windfall for the Trump family. If Mr. Trump is worth as much as he says, his heirs would get a tax break of $4 billion to $7 billion.

Moreover, he'd let global corporations pay just a 10 percent tax rate on untaxed offshore profits -- another mammoth gift to big...

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