How America’s Vision of Progressive Tax Reform Died

[ Originally published on this site as post ]

After his losing effort to repeal and replace the Affordable Care Act, President Trump is now moving on to “tax reform.” On Wednesday, he unveiled the outlines of his fiscal package, which will include slashing the corporate income tax rate from 35 to 20 percent, lower the top income tax rate from 39.6 to 35 percent, doubling the standard deduction for individual taxpayer, and increasing the lowest rate from 10 to 12 percent. The plan will include some loophole-closing reforms, though the details of the package are not yet clear. Trump was blunt about his rhetorical strategy at a meeting with evangelical leaders, when he reportedly said that talking about “tax reform” was a smarter strategy for communicating about the