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Republican presidential nominee Donald Trump aimed to put his campaign back on track with an economic-policy speech that unveiled few new policy proposals but cast himself as the only candidate who could deliver change.

Source: Donald Trump Pitches Tax Breaks, Moratorium on New Regulations

Donald Trump presented a tax reform plan that proposes a reduction on most taxes. While the project would clearly benefit more high income citizens and businesses, will its promise of more investment and employment attract hesitant voters? Are we seeing a new phase in the Republican candidate’s campaign?

His speech, however, didn’t cover important related questions:

  1. How can such an ambitious tax cut be implemented without incurring a hefty federal deficit?
  2. What government expenditures will need to be cut?

 

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