FTN Financial Economic Weekly

The Tax Plan

The Republican tax plan is just as controversial as one might expect any major tax overhaul to be. Some specific plan details are out – the corporate tax rate, for instance – while others are not – details of the high-income surtax, for instance. As a result, any analysis claiming identify winners and losers – the Center for Tax Policy claim of a big tax cut for the rich, for instance – are necessarily based on incomplete information

This week, a first look at what we know and what we don’t know about the plan. We consider the likely economic impact, and more importantly, the chance this plan can pass.

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