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Donald Trump

Politico Morning Money: Trumpenomics 101

"TRUMPENOMICS 101 — The economic plan Donald Trump rolled Monday out was a peculiar mix of supply side tax cuts (though trimmed down from his original proposal) and hard-core protectionism with a side order of regulatory relief. Perhaps the strangest things for a would-be populist: elimination of the estate tax, which hits only the very wealthy, and a tax deduction for child care (also tilted to the rich with nannies) rather than an expanded child care tax credit.