Nice catch by Jamie Weinstein from last night’s Trump interview with Hannity. Skip to 3:55 of the clip below for the key bit. To be clear, this an idea Trump proposed 15 years ago, not one he’s proposing now, and he stresses that he would have paired the tax with a balanced-budget amendment to control spending. If you think the hypothetical about 10 dollars in cuts for every dollar in tax hikes is an acceptable trade-off in the name of getting America’s house in order, as some Republicans do, Trump might well agree. The thing is, says Weinstein, lots of conservatives don’t think that’s acceptable. And the reason Trump’s not proposing this tax hike now isn’t because he’s come to think it’s a bad idea, it’s because the national debt has grown so enormous in the intervening years that even soaking the rich wouldn’t pay it down completely. Which means, says Weinstein, that Trump apparently still thinks it’s a good idea on the merits

Read the article “Trump on a Wealth Tax: A Very Conservative Thing to Do, If it’s Helping Pay Down the National Debt” on hotair.com.