Tuesday, August 9, 2016

Trump forsakes his base with new economic plan

Posted By on Tue, Aug 9, 2016 at 10:54 AM

click to enlarge DONALD TRUMP: His new economic plan has little to offer hsiswhite male, less-educated base, Ernest Dumas says. But so what?
  • DONALD TRUMP: His new economic plan has little to offer hsiswhite male, less-educated base, Ernest Dumas says. But so what?
Ernest Dumas' column for the Times this week ponders Donald Trump's appeal to blue collar white males, particularly after a new speech on his economic plans that forsakes  populism in favor of the sorts of tax ideas that overwhelmingly favor the rich, as a good Republican is expected to do.

Repeal the estate tax? That would help maybe 5,000 ultrawealthy families every year.

Cut the top corporate tax rate? It's already rarely paid and corporate profits are rising as working class incomes have fallen in real terms.

A tax-break for child care expenses? That's of no value to low-income workers who have no tax bill to offset.

Dumas concludes that plans (facts) don't matter as much as slogans. I think Donald Trump knows that.

Read it all here.

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