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A taxing debate and a vexing issue

Republicans are betting that the US$1.5 trillion tax cut advanced by the White House and the party will keep them in power, while Democrats are sure it will backfire. Who's right?

If the tax cuts do not pay for themselves and deficits rise sharply, Mr Trump may have to abandon his campaign pledge to a key demographic that voted for him.


DEPENDING on the views of the economic analyst whose newspaper column you have just read or that political pundit pontificating on television, you may conclude that the most significant overhaul of the US tax code which was approved by Congress last week would usher in an era...

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