What we don’t know about Trump’s tax plan (A lot)
What we don't know about Trump's tax plan (A lot)
| Jim Puzzanghera |
The Trump administration unveiled its tax overhaul plan with a large amount of rhetoric and a small amount of detail.
Rushed out before President Trump reached his 100th-day-in-office milestone, the plan released Wednesday was contained on a single page with 19 bullet points. As of Friday, it still was not posted on the White House website.
Treasury Secretary Steven T. Mnuchin and Gary Cohn, director of the White House National Economic Council, provided some additional information in media briefings.
Many of the points in Trump's plan were general principles. And some of the proposals were so vague that even top administration officials appeared confused about them.
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Jim Puzzanghera covered business and economic issues from the Los Angeles Times’ Washington, D.C., bureau. He joined The Times in 2006 and won the paper’s Editor’s Award in 2009 for coverage of the financial crisis. He has worked in the nation’s capital since 1998 and is a two-time National Press Club award winner for Washington coverage. A Northwestern University graduate, he previously worked for the San Jose Mercury News, Newsday and the St. Petersburg Times. He left The Times in 2019.