Tuesday 12 December 2017

Trump left his creditors high and dry - but he can't do that to US

US President Donald Trump. Photo: AP
US President Donald Trump. Photo: AP
Letters to the Editor

Letters to the Editor

Donald Trump has plans to reduce the tax rates of US corporations and wealthy individuals.

This policy was a major plank in his campaign for the presidency of the United States.

This would be fine, in fact wonderful news, except that Mr Trump has yet to explain how these cuts would be financed without leading the US into an even larger federal deficit, which he also pledged to reduce.

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