NYT Columnist: Lowering The Corporate Tax Rate Is ‘Scary’ (VIDEO)


Nicholas Kristof, a columnist for The New York Times, said Wednesday night that he finds Donald Trump’s tax reform proposals to be “scary.”

Kristof and MSNBC’s Lawrence O’Donnell were tearing apart Trump’s tax reform speech in Missouri.

“It was full of discussion about lowering the corporate tax rate, and of course, there are legitimate reasons to lower the marginal corporate tax rate, but you do that by broadening the base and taking away deductions,” Kristof said.

“And so, I found Trump on tax reform kind of as scary as I find him on North Korea,” he asserted. “And also, in a sense, as misleading.”

Kristof said he thinks Trump’s plan to lower the corporate tax rate is misleading because most large businesses take advantage of deductions and don’t end up effectively paying the 35 percent rate.

“I thought the central message of his speech today was fundamentally misleading,” Kristof said.


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