The following article was posted on the TrumpAccountable.org website December 18, 2017:
- After decades of tagging Democrats as “tax and spend liberals,” Republican lawmakers are voting for a significant increase to the national debt.
- Nearly all economists dispute Republicans’ rosy economic estimates that growth will increase sufficiently to counter the increase in debt.
- No Republican lawmaker has explained how the debacle of Governor Sam Brownback’s tax cuts will not be replicated on a national level.
- President Trump over the weekend claimed that Democrats are knocking the tax bill “before they even know what the bill is all about.” The full extent and impact of the bill is also largely unknown to the Republicans who are set to pass it this week. The impact of this tax bill on the U.S. economy and debt is solely on the Republicans.
In the final analysis, this is shoddy tax policy. When policy is drawn up outside the public’s eye, it rarely is outside the influence of special interests and lobbyists.
View the post here.