NBC Reveals Yet Another Contradiction In Trump's Tax Plan

Republican presidential nominee Donald Trump was blasted by NBC after it was revealed that the candidate’s latest campaign ad cites two distinct and contradictory tax plans, neither of which are Trump’s current plan. This “confusion” follows months of Trump contradicting himself on economic policy.

On August 29, MSNBC and NBC News political reporter Benjy Sarlin reported that Trump's new campaign ad, which is part of a $10 million ad buy in key swing states, seems to make promises about lower taxes, boosted job creation, and economic growth that are “generic enough for a Republican politician.” Yet, on closer inspection, Trump's promises are actually buttressed by citations linking to two different tax plans that he has either disavowed or has not endorsed.

The ad's promises of wage growth and a thriving business community are based on a September 2015 analysis by the conservative-leaning Tax Foundation of Trump's original tax plan, which he replaced with a different and less detailed plan on August 8. Meanwhile, the ad's promise of tax relief for working families and increased job creation is based on a Tax Foundation analysis of the 2016 tax reform plan outlined by House Republicans, which Trump has yet to endorse. From NBC News:

Trump has not endorsed the House GOP plan outright, but his new proposal,announced earlier this month, has some similarities. Most notably, they both advocate collapsing the tax code into three brackets with rates of 12%, 25%, and 33%. But there are also important differences: Washington Post columnist Allan Sloan reported that Trump's plan would preserve a deduction on business loans that the House GOP plan would scrap that would save up to $1.2 trillion in revenue over 10 years.

NBC’s Sarlin later reported that the Trump campaign was still issuing press releases containing the tax policy discrepancies even after they were revealed, and noted a half-hearted defense from the Trump campaign’s deputy policy director:

Numerous other journalists picked up on Trump’s contradictory campaign ad, noting that it was “odd for Trump to cite the House GOP’s plan as if it were his own,” and arguing that the confusion might stem from Trump’s refusal to “fill[] in all the details” for his latest plan.

Trump's inconsistency with the facts and noncommittal approach to his own economic policy outlines has become a feature of his presidential campaign. Trump’s latest tax plan was blasted by the media for being “light on details” and “ridden with more of the same empty tropes” exemplified during his previous economic policy speeches. Economists trashed the plan as “nonsense” and an attempt to re-write his previous tax and economic policy plan into just more of the “standard voodoo” economics frequently pushed by Republican supply-side advocates.

At the outset of his campaign last year, Trump frequently said he would raise taxes on wealthy people like himself, but his initial plan overwhelmingly favored the very rich. Despite publishing a tax plan that included tax cuts for millionaires, he spent months falsely claiming the opposite was true. Trump has claimed for months that the only reason he has not released his tax returns is because they are under audit from the IRS, but the candidate has actually released his returns in the midst of an audit before, and continues to defy media inquires into tax years that are no longer under IRS review.