Krauthammer: If Trump’s Tax Plan Can Clean up the Deductions, Then ‘It Will Be a Triumph’

‘The most important element of this is the stripping away of deductions’

RUSH EXCERPT:
KRAUTHAMMER: "You can probably cap the interest rate, because so many peoplpend on it and the charity, which is very useful, because it is actually the only time the government weakens itself and strengthens civil society, it allows subsidizes your charitable giving to independent organizations, which is very healthy for the country, except for those who exceptions. It seems as if they want to strip away everything else. The problem with tax reform is whenever you do that, as we did in ‘86, over the next three decades, the barnicles accumulate with the new deductions and you’ve got to clean it away. If you can do that, if this tax reform can do that, that will be a triumph."

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