Monday will test the resilience of Donald Trump’s candidacy for the Republican nomination for president. He’s unveiling a tax plan that sounds remarkably similar to those offered by Democrats. From the Wall Street Journal:
[Trump’s plan] calls for major reductions in levies on middle-income and poor payers, while increasing taxes on the wealthy and reining in companies that pay less in taxes by moving their headquarters overseas.
The plan will offer a “major tax reduction for almost all citizens” and help stimulate business in the U.S. again, the Republican candidate’s campaign said Sunday.
The GOP presidential front-runner is also expected to call for the poorest filers to pay no federal taxes at all while also recommending that corporate levies be reduced.
How is this substantively different than the inclinations of Hillary Clinton or Bernie Sanders? Will die-hard supporters continue to stand by Trump in the face of such a proposal?