(BLOOMBERG) Donald Trump the real estate developer owes much of his fame to the 1980s. Now Donald Trump the presidential candidate is going back to that decade to call on President Ronald Reagan’s economic team.
As the presumptive Republican nominee gets ready to put out his plan to boost U.S. growth, he’s sought advice from some of the most notable names in Reaganomics, including Arthur Laffer, Larry Kudlow and Stephen Moore. More voters might support Trump if he can persuade them he will bring back some of the economic successes of the era when he penned his bestselling book, “Trump: The Art of the Deal.”
Kudlow and Moore have been working with the campaign on its tax plan, advising Trump to cut some deductions for high-income Americans and “raise money by broadening the tax base,” said Moore, a visiting fellow at the Washington-based Heritage Foundation who served as an economic adviser in Reagan’s administration.
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