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President Trump was so excited about passing his first major piece of legislation Wednesday that he blurted out that the Republican Party had misrepresented the entire bill, handing Democrats some potentially troublesome talking points for the 2018 midterm elections.
...
But along the way, Trump basically admitted that the GOP's talking points on the bill weren't exactly honest in two major ways.
While talking about the corporate tax rate being cut from 35 percent to 21 percent, Trump said, “That's probably the biggest factor in our plan.”
The problem? Republicans have been selling this legislation as a middle-class tax cut, first and foremost.
A sampling:
...
But along the way, Trump basically admitted that the GOP's talking points on the bill weren't exactly honest in two major ways.
While talking about the corporate tax rate being cut from 35 percent to 21 percent, Trump said, “That's probably the biggest factor in our plan.”
The problem? Republicans have been selling this legislation as a middle-class tax cut, first and foremost.
A sampling:
- “The entire purpose of this is to lower middle class taxes.” — House Speaker Paul D. Ryan (R-Wis.)
- “Primarily, and priority number one, is middle-class Americans.” — White House press secretary Sarah Huckabee Sanders
- “The theme behind this bill is to get middle-class tax relief for most people in the middle class.” — Senate Majority Leader Mitch McConnell (R-Ky.) on Fox News on Tuesday
So who is lying here - is it Trump and the Corporate Tax Cuts wasn't the biggest factor or was it the Republican Congress who was selling the middle class tax relief? Well one expires in ten years and one is permanent.
But that's not all -
Trump's second admission was about the Affordable Care Act's individual mandate being repealed in the bill. Apparently eager to argue that this constituted his having cut taxes and slain Obamacare in one fell swoop (after Congress came up short on Obamacare this year), he argued that repealing the individual mandate was basically the same as repealing Obamacare.
But, he said, he told Republicans not to talk about that. Trump said he told allies to "be quiet with the fake news media because I don't want them talking too much about it."
“Now that it's approved, I can say that,” he said.
Trump's second admission was about the Affordable Care Act's individual mandate being repealed in the bill. Apparently eager to argue that this constituted his having cut taxes and slain Obamacare in one fell swoop (after Congress came up short on Obamacare this year), he argued that repealing the individual mandate was basically the same as repealing Obamacare.
But, he said, he told Republicans not to talk about that. Trump said he told allies to "be quiet with the fake news media because I don't want them talking too much about it."
“Now that it's approved, I can say that,” he said.
https://www.washingtonpost.com/news...were-deceptively-sold/?utm_term=.c7cdf6f448a9
But hey, if your lucky and live in the right part of the country your taxes might go down $80 a month. Of course your healthcare premiums will go up 10% minimum - so at best your probably break even while the millionaires and billionaires rake in hundreds of thousands and millions and the deficit explodes and now medicare and social security will be targeted.