The Tax Cut and Trump University

The details of the tax cut plan are still under discussion, but its general parameters are fairly clear;  the centerpiece will be a cut in corporate income tax rates, which will be offset at least slightly by the elimination of some deductions. The GOP then intends to sell this plan, not as a reprise of the Bush tax cuts, but as a populist measure that will create jobs, increase wages, and punish the rich.

It will do nothing of the sort, of course.  The primary beneficiaries of the plan will be the fabulously wealthy, and there is every reason to believe that the outcome will be share repurchases and increased dividend payments, not new investment.

While Trump is poorly qualified to be president in more ways than I can remember, he is eminently qualified to take on the task of selling this plan to the American public.  It is Trump University on a massive scale.