Don’t you worry: None of this would add any money to the deficit. How does Trump pay for it? He’d start by eliminating loopholes for “special interests and the very rich,” including the much-anticipated scrapping of the preferential tax treatment of “carried interest” for hedge fund managers. But Trump would keep the most popular deductions—a generous standard deduction of $25,000, plus the mortgage interest and charitable deductions. And he’d encourage corporations to bring trillions of dollars in profits back from overseas by charging them a one-time 10 percent “fee.” As tax experts quickly pointed out, these revenue-raisers wouldn’t come close to offsetting the enormous tax cuts in Trump’s plan, and Trump’s campaign made no effort to detail exactly how the numbers would add up.

He did acknowledge there would have to be spending cuts, but in typical Trump-style, they would be the greatest cuts ever. “We will be able to cut so much money,” he said. But he promised that he could cut spending “without losing anything.” The closest Trump got to a specific cut was when he talked about how expensive it now is to ship washers that cost “19 cents" from state to state—literally nuts and bolts. “The waste that I get rid of,” he promised, “is going to have a huge impact, and I’m not even putting that in my numbers.”

Trump’s written plan did have one creative touch. Nearly 75 million households who would no longer pay any income tax would simply get a form saying, “I win,” that they would send back to the IRS, according to his site.

If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax. That removes nearly 75 million households – over 50% – from the income tax rolls. They get a new one page form to send the IRS saying, “I win,” those who would otherwise owe income taxes will save an average of nearly $1,000 each.

Yet superlatives aside, in most other respects the Trump proposal falls well within the Republican mainstream: It’s a big tax cut for the wealthy that, despite claims to the contrary, will add trillions to the deficit. “The best way to think about this plan is, start with Governor Jeb Bush’s tax plan and then make it a larger tax cut,” said Kyle Pomerleau, an economist at the Tax Foundation. Bush’s proposal, which he released over the summer, would cut anywhere from $1.6 trillion to $3.6 trillion, depending on how it is scored by budget forecasters. Bush put his top marginal income rate at 28 percent, while Trump dropped it to 25 percent, and Trump included a much larger standard deduction. (The Tax Foundation hasn’t yet done a full analysis of the Trump plan.)

Even the change in the carried interest loophole is more generous in Trump’s plan, despite his promises that the “hedge fund guys” would pay a lot more if it got to the White House. “Getting rid of that is only going to raise about $1 billion per year,” Pomerleau told me, “while the individual tax cuts alone are probably going to be close to $100 billion.”