Trump’s tax cut was a well-timed giveaway for the midterms

When we talk about elections, the role of the economy inevitably looms large. Less than a year ago, Congress passed a $1.5 trillion tax cut bill, which alongside increased spending, may stimulate economic growth until 2019. Linda Yueh writes that the Trump-sponsored tax cut and fiscal stimulus are likely to influence voters to a greater degree than the president’s trade war with China, especially if falling unemployment rates lead to higher wages.