Trump presidency

The Trump Economy

Stephen Moore, Washington Times

Put simply, if the GOP whiffs on the tax cut, it will harm the economy and the stock market. It will put in dire jeopardy the Republican majorities in the midterm elections in 2018. So losing is not an option here. That is why Republican leaders would be wise to downsize their grand ambitions of a total rewrite of the tax code and simply sell the American people on a job creation tax cut that will benefit all American companies.