Rubio’s Tax Plan Does Not Compute

$11.8 trillion

Amount that Marco Rubio’s tax plan would reduce federal revenue over the next decade, notes Jonathan Chait. “The entire Bush tax cuts cost about $3.4 trillion over a decade, making the Rubio tax cuts more than three times as costly. … Among the Republican presidential candidates, Rubio is widely considered to be a moderate on fiscal issues. The clarity with which we can now examine Rubio’s plan, juxtaposed against recent events, provides a sense of the ongoing relationship between the Republican Party and economic reality. It remains deeply hostile.”