Trump’s Tax Cut Con Rolls On

What will happen if the blue wave in the midterm elections falls short? Clearly, at this point it still might: Democrats will surely receive more votes than Republicans, but thanks to gerrymandering and population geography, the U.S. electoral system gives excess weight to rural, white voters who still have faith in President Trump. What if, thanks to that excess weight, the minority prevails?

❝ First of all, there is every reason to believe that a Republican Congress, freed from the immediate threat of elections, would do what it narrowly failed to do last year, and repeal the Affordable Care Act. This would cause tens of millions of Americans to lose health insurance and would in particular hit those with pre-existing conditions…

But the attack on the social safety net probably wouldn’t stop with a rollback of Obama-era expansion: Longstanding programs, very much including Social Security and Medicare, would also be on the chopping block. Who says so? Republicans themselves…the same Republicans now wringing their hands over budget deficits just blew up that same deficit by enacting a huge tax cut for corporations and the wealthy.

RTFA, folks. Hope a modicum of sanity if not honesty creeps into the understanding of folks gullible enough to vote a second time for the unindicted co-conspirator-in-chief.

One thought on “Trump’s Tax Cut Con Rolls On

  1. Hey, Rube! says:

    “One Trump Tax Cut Was Meant to Help the Poor. A Billionaire Ended Up Winning Big.
    Opportunity zones are meant to spur new investment in poor areas. But Under Armour’s Kevin Plank is getting a tax break for investments that are not new and not in a poor tract. And Plank’s area was picked over neighborhoods that are actually poor.” (ProPublica June 19, 2019) https://www.propublica.org/article/trump-inc-podcast-one-trump-tax-cut-meant-to-help-the-poor-a-billionaire-ended-up-winning-big
    “President Trump’s tax cuts have been very good to big banks. https://www.nytimes.com/2018/01/16/us/politics/banks-are-big-winners-from-tax-cut.html For foreign-owned banks, they could get even better. The cuts allowed America’s largest banks to save an estimated $16 billion collectively in taxes last year, a windfall that helped those firms reward shareholders through stock buybacks and dividend payments.” https://www.nytimes.com/2019/07/19/business/banks-tax-cuts-deficit.html
    “Rand Paul, Whose Tax-Cut Vote Added $1 Trillion to the Deficit, Tells 9/11 Victims to Suck It” https://www.vanityfair.com/news/2019/07/rand-paul-911-first-responders-bill

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