Among President Trump's many promises has been a cut in taxes for both households and businesses. So what might a Trump tax plan look like, and what might it mean for the rest of the world? Economist Irwin Stelzer from the Hudson Institute gives us his analysis.
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A production line of the Glide, a high-altitude glider that delivers munitions across thousands of miles, is seen at the defense tech startup Mach Industries in Huntington Beach, California, on September 11, 2025. (Getty Images)