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Capitol Report: Here’s an estimate of how much Trump’s 10% tax cut would cost

Reuters
President Donald Trump is talking tax cuts again. Here’s what that could cost.

It’s still not clear what President Donald Trump’s mooted 10% tax cut to middle-income workers actually entails, much less whether it would stand a chance in Congress.

But even in the narrowest possible construction, the cost of funding such a reduction would be several times the funding level needed for the wall the president wants on the southern border of the U.S.

Related: Trump’s ‘major’ tax promise is a sign that even he recognizes the 2017 tax cuts didn’t resonate with voters

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