Neil Irwin: The President is dealing with a “Constellation of different entities” in his tax plan

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Treasury Secretary Steve Mnuchin takes a question in the briefing room of the White House in Washington, Wednesday, April 26, 2017, where he discussed President Donald Trump tax proposals. (AP Photo/Andrew Harnik)

Yesterday, President Trump unveiled his page-long tax cut proposal. New York Times Senior Economics Correspondent Neil Irwin explains why this cut would not be that much of a benefit to U.S. economy, and why its method is not plausible.