Donald Trump Sells Out To Trickle-Down Economics

From the beginning of Donald Trump’s campaign, there has been a nagging inconsistency in his approach to economic issues. On trade and immigration, he has broken with Republican dogma, arguing that the influx from abroad of cheap goods and low-wage workers has undermined the job prospects and living standards of ordinary Americans. On tax policy, however, Trump has stuck to the standard G.O.P. script, promising a slew of tax cuts skewed toward businesses and the rich. To be sure, until Monday, Trump hadn’t talked much about his tax plan, but the broad outlines of it were there on his Web site, serving as a reminder of the limits of his populism.