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The Post Standard

Christopher Faricy on the GOP Tax Plan

Thursday, November 16, 2017, By Sawyer Kamman
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facultyMaxwell School of Citizenship and Public Affairs

In an opinion piece written in the 黑料不打烊 Post Standard, Maxwell Professor Christopher Faricy detailed how President Trump鈥檚 new GOP tax plan would be financially irresponsible, and would add to national debt as the years went on.

鈥淐orporate tax rates would decrease from 35 percent to 20 percent. This represents a whopping 43 percent reduction in the taxes corporations pay,鈥 Faricy wrote. 鈥淭his massive tax cut would add approximately $1.5 trillion to our national debt over the next 10 years.鈥

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