Why Donald Trump's populist attitude toward the rich is a mortal threat to the GOP

Trump's tax-hiking message may expose a huge rift between the party elite and its base

Donald Trump
(Image credit: Christopher Gregory/Getty Images)

Donald Trump's rhetoric on immigration has sparked his surge in the polls. But it is his economic critique of the GOP, and his attack on the financial corruption of the Republican donor class and leadership, that is a mortal threat to the party.

Over the weekend, Byron York reported on Donald Trump's efforts to form a "comprehensive" plan on tax reform. He has signaled an interest in raising taxes on the richest Americans, and he has set his targets on the carried-interest loophole favored by hedge fund managers. He has said repeatedly that hedge funds pay too little in taxes, and that he himself is willing to pay a larger share to "make America great again." Trump has essentially said that his preference is for middle-class tax cuts.

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Michael Brendan Dougherty

Michael Brendan Dougherty is senior correspondent at TheWeek.com. He is the founder and editor of The Slurve, a newsletter about baseball. His work has appeared in The New York Times Magazine, ESPN Magazine, Slate and The American Conservative.