Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the details, the plan will almost certainly blow up the federal deficit, and that has big […]
The U.S.-Mexico trade relationship gets talked about by the president as if we’re being scammed. He implies that because the United States has a trade deficit with its southern neighbor, we’re just pouring money over the border. But most economists say the trade deficit with Mexico is not a problem, and, in fact, that it’s […]
