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Trump & Turkey ANDREW CABALLERO-REYNOLDS/AFP/Getty Images.

A Tax Plan that’s All Stuffing?

US President Donald Trump has set a Christmas deadline for enacting the Republican tax plan, and economic observers are virtually unanimous in judging it a turkey. A scheme that squeezes the middle class and blows out the fiscal and current-account deficits may pass, but it will never fly. 

Featured in this Big Picture

  1. Stephen S. RoachStephen S. Roach
  2. Jeffrey FrankelJeffrey Frankel
  3. Joseph E. StiglitzJoseph E. Stiglitz
  4. Simon JohnsonSimon Johnson

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