October 14, 2020
Trump, Mnuchin, And The 2017 Tax Overhaul
Mind Map
Summary
Chapters
Transcript
- SSPEAKER_21
Listener supported WNYC studios.
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Sally Herships, host of the new podcast, The Heist from the Center for Public Integrity.
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I'm really excited to have you on Trump Inc.
Shownotes
President Trump ran for president on three promises: He'd build a wall on the Mexican border, repeal Obamacare, and overhaul the nation's tax system. And approaching the 2020 election, Trump's only accomplished one of them — and even that didn't live up to the hype.
"It's important to point out is the impact has been not what he said it would be," says Sally Herships, host and co-executive producer of The Heist, a new podcast from the Center for Public Integrity. "It has not been what he promised, which was, a sizable increase in jobs, higher wages ... just kind of this rainbow-like better life for many Americans."
“Not only will this tax bill pay for itself," promised Treasury Secretary Steven Mnuchin, "but it will pay down debt.” Yet nearly every analysis said the changes would add more than $1 trillion trillion to the national debt. This episode of The Heist, "Buyer's Remorse," looks at how the Trump administration rushed the law through.
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