Five facts about the tax plan

[...]the plan would provide added tax incentives for fossil fuels while slashing the production tax credit for wind, ending tax incentives for electric cars, and threatening private-sector financing for a whopping 39 gigawatts of solar now in development, according to The New York Times. 5. [...]in spite of Republican promises of fiscal responsibility and accelerated economic growth, the $1.5 trillion tax cut imposes a staggering cost on future generations. According to the congressional Joint Committee on Taxation, the plan would have a negligible effect on long-term economic growth and add at least $1 trillion to the national debt - a massive transfer from poor to rich, from people to corporations, from future generations to the present.