Donald Trump, the presumptive front-runner for the Republican presidential nomination, pretty much says what he wants, when he wants, about whatever he wants, avoiding unnecessary details or follow up.
Asked about his shift on abortion from pro-choice to pro-life, Trump admits he has “evolved.” But generally he deflects questions about his views with pithy responses such as “I saw some stuff” and other amazing non-answers.
Trump’s true policy stances are a big question mark, which means that his supporters have no idea how Trump would evolve once he is installed in the White House. (No prisoner of convention, Trump might forsake the traditional presidential residence at 1600 Pennsylvania Ave. in favor something more modest down the street: a penthouse at the deluxe Trump International Hotel.)
While his lack of political experience may be an asset during the election process, it becomes a distinct liability once elected. Why? No one knows what he really stands for. Take a look at Trump’s tax plan, for example, and you will understand why voting for Trump is akin to shooting craps, a game at which he has a comparative advantage thanks to his background as a casino operator.
Trump would cut taxes for everyone, both individuals and corporations, without adding to the deficit or debt.
“He’s claiming two things that are mathematically incompatible,” says Andy LaPerriere, a partner at Cornerstone Macro. “A big tax cut with no loss of revenue.”
Trump’s numbers implode under examination. The Tax Foundation found that the plan would cut taxes by $12 trillion over the next decade and reduce revenue by that amount or a smaller $10 trillion, depending on whether the scoring is static or accounts for macroeconomic effects.
The Tax Policy Center pegs the revenue loss at $9.5 trillion over the first decade and an additional $15 trillion over the subsequent 10 years (static analysis). Throw in the increased interest expense, and by 2036 the net effect would be a $34 trillion increase in the national debt. The ratio of publicly held debt to GDP would soar from 74% at present to a projected 180% under Trump’s proposal, according to the TPC.