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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Iranian workers walk past a destroyed residential building due to Israeli attacks in Tehran, Iran, on June 13, 2025. (Morteza Nikoubazl via Getty Images)