Goldman: Trump Tax Cut “Smaller Than Expected”; Here’s What Can Kill It

Just hours before the Trump tax plan was leaked this morning, Goldman noted that “even if this tentative budget agreement in the Senate becomes official the forthcoming proposal would have to be scaled substantially to fit within the fiscal constraints Congress is likely to impose” which we summarized as follows:
In other words, for all the hype, the final Trump tax cut – if it passes – will be a pale shadow of its initial proposal
Goldman also presented the following comparison table to summarize how the expected plan would fare in context:

This post was published at Zero Hedge on Sep 27, 2017.