Fiscal “Are You Feeling Lucky?” Part II

Previous calculations put Trump’s financial promises (at least) at $4 trillion over ten years, compared to Harris’s $1.7 trillion (or the Economist’s $3 trillion vs $1.4 trillion). Now, let’s put Trump’s tax cuts at $11 trillion…From “Trump Dangles So Much Tax Break Even Advisers Are Confused,” Bloomberg:

Source: Corte, Cook, Dillard, Bloomberg, 23 September 2024.

I’m sure a 200% tariff on John Deere products made in Mexico won’t change this figure much (and whatever happened to the “bad” USMCA Trump (I) negotiated?).

This entry was posted in with Menzies Chinn.


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