Why is Donald Trump planning to give away $700 billion — that’s billion, with a “b” — to foreigners, no strings attached? You probably didn’t know that he’s planning to do this. In fact, he himself almost surely has no idea that he’s planning to do this. But it would be one clearly predictable consequence of the tax “reform” he and his congressional allies are trying to pass.
"Trump’s $700 Billion Gift to Wealthy Foreigners" is from the October 26, 2017 Opinion section of The New York Times. It was written by Paul Krugman and narrated by Barbara Benjamin-Creel.