WASHINGTON (AP) – Getting to the bottom of President Donald Trump’s tax plan is difficult because it exists so far as bullet points on a single page, with no detail. Still, there are reasons to be wary about some of the claims coming out of the White House about it.
CLAIM: TAX CUT IS BIGGEST EVER
Treasury Secretary Steve Mnuchin, in remarks Wednesday, channeled Trump’s penchant for exaggeration. “This is going to be the biggest tax cut and the largest tax reform in the history of our country,” Mnuchin contended.
The headline of the administration’s one-page, double-spaced release made the same claim. At a briefing later, Trump economic adviser Gary Cohn walked that back a bit, calling it “one of the biggest.”
So how ambitious is it?