Joseph Stiglitz: Trump Tax Plan Will Worsen Inequality, Expand Loopholes


Via Democracy Now! -- Nobel Prize winning economist Joseph Stiglitz joins Democracy Now! to critique the Republican tax plan that could face a vote as early as Friday. The sweeping legislation would overhaul the tax code in order to shower billions of dollars in tax cuts upon the richest Americans, including President Trump’s own family, and repeal the Affordable Care Act’s individual mandate.

Stiglitz is a Columbia University professor, and chief economist for the Roosevelt Institute. He served as chairman of the Council of Economic Advisers under President Bill Clinton, and recently updated his book: Globalization And Its Discontents.

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