During today’s rollout of the Trump “tax reform” proposals, Gary Cohn and Steven Mnuchin explained with broad strokes how the middle class and poor would be screwed so billionaires and corporations can pay less in federal taxes. Cohn, in a rare moment of honesty, admitted that the proposal will be universally hated by the right and…
Apparently incompetence matters when running this country. From Paul Krugman on twitter:
“Paul KrugmanVerified account @paulkrugman Apr 25
Replying to @paulkrugman
which means < revenues in out years. But can't use reconciliation (bypass filibuster) for a bill that increases deficit beyond 10 years 2/"
So it won't fly any more than AHCA 2.0 will now that they have actual healthcare language in their "healthcare" tax cut bill…
The Kleptocracy couldn’t have written itself a better tax bill.
Now it’s up to Orange Julius Caesar and his team of swamp-dwelling Goldman, Sachs vulture capitalists to sell it to the unsuspecting public.
They’ve already donned their Santa Claus suits and are now trying to sell us on the idea that in exchange for a few cheap bobbles and trinkets we should bestow upon them trillion$ of dollars in tax breaks.