As Republicans celebrate their win on the tax bill, Democrats wonder: Is this the GOP’s Obamacare moment?

REUTERS/Jonathan Ernst
Republicans celebrated the passage of a sweeping bill to change the U.S. tax code, making good on years-old promises to lower taxes for corporations and individuals.

When Democrats passed the Patient Protection and Affordable Care Act in March 2010, they celebrated it at the White House as a landmark legislative achievement — an overhaul to the U.S. health care system that aimed to make it easier and more affordable for more people to access medical care.

Achieving that goal was a key campaign promise for President Barack Obama and Democrats.  But they got punished for delivering on it during the next midterm elections: Republicans, running on a vehemently anti-Obamacare platform, picked up a staggering 63 seats in the U.S. House, recapturing control of the lower chamber.

This week, Republicans celebrated the passage of a sweeping bill to change the U.S. tax code, making good on years-old promises to lower taxes for corporations and individuals. As they advanced the legislation through Congress on party-line votes, the bill was polling abysmally: one NBC/Wall Street Journal poll found only 24 percent of Americans believe the GOP tax plan is a good idea.

How decisive an issue the tax bill is for 2018 — and for control of Congress — will hinge on how quickly voters feel the effects of the legislation and how they believe it will affect them in the future. Democrats hope that the Tax Cuts and Jobs Act will be an electoral albatross for the GOP in 2018, like Obamacare was in 2010 for them, delivering them back control of the House.

But with a little over 10 months to go until Election Day 2018, Republicans are betting that the way they’ve engineered the bill — with many people slated to enjoy at least some tax cuts as soon as next spring — will help insulate them from Democrats’ doom-and-gloom scenarios and help preserve their majority.

Tax withholding an immediate impact

The Republican tax bill has many moving parts and makes significant changes to how taxation in the U.S. works, reworking everything from how much corporations pay and where their income is taxed to how much taxpayers can deduct from expenditures on student loan interest, mortgage interest, and state and local taxes.

Promising a “flatter and fairer” tax code that you could file on a postcard, the GOP lowered rates for individuals and corporations, but kept the number of tax brackets the same while adjusting their thresholds.

All these changes to rates and deductions won’t hit taxpayers until the first months of 2019, when they begin filing their taxes for 2018. “I don’t think people are going to wake up on January 1 and see that their lives have changed in a huge way,” Eric Toder of the Tax Policy Center, a think tank that has been critical of the GOP tax plan, told Vox.

Nevertheless, Republicans are touting a few ways their legislation could directly and indirectly benefit taxpayers in the coming year, before they file their 2018 taxes.

As early as February, workers may begin to see lower withholding of federal income tax on their paychecks, something 3rd District GOP Rep. Erik Paulsen, who sits on the Ways and Means Committee that wrote the bill, pointed to as an immediate benefit.

“Having more dollars in your check every month starting in the spring is going to be impactful for real people,” he said. The tax plan gives little guidance as to how this process should work, so the Internal Revenue Service has a tight deadline to issue new specific rules, and employers are scrambling to figure out how to comply. The impact is expected to become clearer in January.

In the immediate reaction from corporate America, Republicans saw evidence of a broader ripple effect as corporations responded to the prospect of a drastically lower tax rate on the way.

Sixth District Rep. Tom Emmer pointed out that companies like Comcast and AT&T said they would raise wages and provide bonuses. “In the short term, we’re already seeing it,” Emmer said of the bill’s positive impacts. “It’s going to get better, long-term, it’s good for this country.”

2019: ‘a bad time’ to realize a tax cut

Tax withholding and temporary bonuses from some corporations are something to consider, but the biggest effects of the sweeping legislation will play out over the course of years, not days or weeks. For example, one of the most significant changes the bill makes, ending Obamacare’s individual mandate, does not take effect until early 2019.

Whatever increase taxpayers see in their after-tax pay when they file their returns will, for most people, be more significant in the short term than the long term. The Tax Policy Center issued a report forecasting that taxpayers will see a 2.2 percent increase, on average, in after-tax income from their 2018 returns. That report also estimates that in 2018, 8 in 10 Americans will pay lower taxes. But gradually, those increases are projected to diminish for most taxpayers until 2027, when temporary individual tax cuts are slated to end, and tax bills could go up if they are not extended.

For Republicans, who have marketed their tax plan as one that will provide much-overdue relief to taxpayers, there will be pressure to explain what they see as the bill’s long-term benefits ahead of the 2018 election, and in the face of Democratic arguments the complicated plan will raise the deficit and slash government services.

If polling is to be believed, voters don’t believe the bill will help them, presenting Republicans with a messaging challenge for the campaign trail. Both Emmer and Paulsen claimed the GOP bill was unpopular not because they were doing a poor job selling it, but because the press was not reporting its contents accurately or fairly.

“People in the media aren’t reporting what’s in the bill,” Paulsen said. “They need to know what’s in the bill.”

Emmer said that the tax overhaul completed by Ronald Reagan in 1986 wasn’t popular initially, either. “Leadership is not leading people to where they already are,” he said. “It’s leading people to where they need to be. Our job now, and with our colleagues in journalism, our job is to put facts out to the American people.”

But Republican operatives are sizing up that job as a challenge. Brad Todd, a GOP consultant, told the Washington Post that “April 2019 will be a bad time for people to realize that Republicans gave them a tax cut… In order for the benefit to not come too late in the election cycle, it’s pretty important for conservative and Republican groups to make the sale now and let people know what’s coming.”

To that end, conservative groups plan on spending hundreds of millions of dollars on messaging campaigns next year touting the tax bill, selling the electorate on how it will help the economy, and blasting Democrats for opposing it.

Democrats see opportunity, GOP sees wishful thinking

Congressional Democrats, none of whom cast a yes vote for the legislation, see the tax bill being as damaging to the Republicans as Obamacare was to them. They plan on countering Republicans’ arguments about the short and long-term effects of the legislation, and believe they will prevail.

Last week, 8th District DFL Rep. Rick Nolan predicted that the fallout from the tax bill would put the House of Representatives back in Democratic hands; Fifth District DFL Rep. Keith Ellison said Democrats will spend 2018 “making sure everyone knows who it is that hurt our economy.” 

First District DFL. Rep Tim Walz, who is a candidate for governor, told MinnPost that Republicans will have to own their plan — from its initial rollout to what happens with it years later — like the Democrats did with Obamacare. He recalled that when Minnesota’s health insurance exchange, MNsure, had a botched rollout, “people lost elections.”

“They’ve set expectations incredibly high,” Walz said. “There’s going to be glitches, major glitches. There’s going to be a microscope on that… They own it, they did it.”

He doubted that the economy will achieve the rosy economic growth rate Republicans predict — three percent or more in GDP growth as a result of the tax bill — and instead expects the bill will have broader, deeply negative impacts on things like the federal debt, social safety net programs, and health care, which would outweigh any benefits people would see elsewhere.

“More money on your paycheck but losing your health care is not a good deal… more on your paycheck and not being able to write a Farm Bill with safety net programs is not a good deal. You’ll see me out there this summer saying, how’s [the tax bill] working out on your paycheck?”

Republicans, like Emmer, scoffed at the notion that their tax plan will be the albatross for them that the ACA was for Democrats.

“I’d say it’s Democrats who should be very concerned about how this will play in the next election,” said Emmer, who is a top official at the National Republican Campaign Committee, the GOP’s House campaign arm. “In voting against it, you voted in favor of big government and against individual Americans. That’s not a campaign theme. For them to compare the ACA to what we did yesterday is wishful thinking on their part.”

As with many Republicans, Paulsen’s closing argument comes down to this: with this bill, the GOP has finally delivered on what it has promised for a long time. “What we’re buying here is a new tax code and faster growth,” he said. “I expect to be talking about tax reform often. We’ve been talking about it for the last six years.”

You can also learn about all our free newsletter options.

Comments (18)

  1. Submitted by Nick Foreman on 12/22/2017 - 10:03 am.

    Emmer and Paulsen

    Are complete jokes. People in MN are too smart to buy into this bs. Wells Fargo is the bank which will realize the most new money; the biggest crook of any bank in the world. Only the rich and corporations will benefit

  2. Submitted by Frank Phelan on 12/22/2017 - 10:09 am.

    Tough Sell

    How will conservatives, I mean Republicans, be able to keep telling us that A) this tax scam will super charge the economy and tax revenues and B) we are being swamped by the deficit and need to cut entitlements? You can’t have it both ways.

  3. Submitted by Ray Schoch on 12/22/2017 - 10:16 am.

    Republican doublespeak

    Were he alive, George Orwell would likely be enjoying – at a safe distance – Republican rhetoric about the new tax bill.

    When Erik Paulsen says, “People in the media aren’t reporting what’s in the bill,” Paulsen said. “They need to know what’s in the bill,” he’s forgetting — or ignoring — the fact that many Congressmen and women have already admitted that ••Republicans** don’t know what’s in the bill. Developed in secret, passed without hearings despite its 500+ page length, voted on in such a rush that a re-vote was necessary to correct a glitch in procedure, the process of producing the bill in the first place provides no reason for the general public to have faith in it. I daresay Mr. Paulsen doesn’t know what’s in the bill himself beyond tax cuts for corporations and the wealthy.

    Further, when Tom Emmer says “…Our job now, and with our colleagues in journalism, our job is to put facts out to the American people,” he neglects to mention that quite a few of those facts remain unknown at the moment, because many Republicans don’t know what’s in the bill they want us to admire. He also neglects to mention that some of the facts that **are** known (i.e. the national debt will increase by more than a trillion dollars, even in unrealistic Republican forecasts) show the bill to be a fiscal policy disaster for the nation.

    Emmer further engages in doublespeak by saying “In voting against it, you voted in favor of big government and against individual Americans…” In fact, by voting **FOR** the bill, Republicans voted in favor of big corporations — much less accountable to ordinary citizens than even big government — and against individual Americans, whose health care cost increases will more than offset any benefit they see from small tax decreases. Couple that with the inevitable Republican calls in future legislative sessions to “reduce the deficit” they created by slashing Social Security, Medicare and Medicaid, and it’s clear that the welfare of “individual Americans” is not near the top of Republican “to-do” lists.

    Talk is cheap, Mr. Emmer, Mr. Paulsen. It’s action that counts. With any luck, this bill will be a fiscal albatross around the neck of the Republican Party and its candidates for a decade and beyond.

  4. Submitted by LK WOODRUFF on 12/22/2017 - 12:00 pm.

    This is NOT a ‘win’ for anyone.

    This is Trump’s biggest CON.

    It is the REPs HEIST against America.

    It is reprehensible and greedy. It benefits a few (who don’t need more!)
    It harms many, for years to come.

    This is what happens when a ‘reality tv star’ is voted in as president.

    It is also exactly what the Koch Bros and Mercers–who forked out almost $1B to put Trump, Pence and Bannon in the White House–want to happen: the obliteration of our federal government. (Their campaign promise made in 2016 and publicly stated during the presidential election.)

    It is a massive power grab. Those who did this will be wealthy for life, as will their families (when they are dead and gone).

    The rest of us take a major hit and have still more obstacles put in our paths to success….because the REPs are firmly in bed now with Wall St and corporate America and no longer represent ‘the little people’ or their wants and needs.

    Merry Christmas, America

    • Submitted by Curtis Senker on 12/22/2017 - 04:21 pm.

      “It is also exactly what the Koch Bros and Mercers–who forked out almost $1B to put Trump, Pence and Bannon in the White House–want to happen”

      This is the second time I’ve seen this trope on Minnpost. It’s false. It didn’t happen, in fact quite the opposite.

      Not only did the Kochs not give Trump a penny, they actively funded and campaigned against him. Please get the facts straight.

      • Submitted by LK WOODRUFF on 12/22/2017 - 05:04 pm.

        Not in the last month

        It’s true Trump wasn’t the Koch Bros first choice. But they got on board the last month of the election process. They really wanted Pence, but VP is close enough…. So the Koch Bros and the Mercers together cough u almost $1B to help make it happen. And the Russians offered an ‘assist’ and got it over the goal posts…..

        The Mercers, who own Breitbart and support white supremacists, were thrilled to have their paid mouthpiece, Bannon, join Trump (also a white supremacist, as was his daddy) in the White House. And Trump and Bannon proclaimed their shared goal publicly in the 2016 presidential election, which was to (and I quote): “obliterate the federal government’.

        And they have been furiously at it ever since. You don’t really think Trump, Bannon and Pence have the collective brain power to come up with all of the executive decisions and the massive overall ‘plan’ do you?! Oh no, the Koch Bros esp have worked long and hard (about the past 40 years now) to put their Daddy’s Libertarian dream into place in the USA. They have spent million$ and million$ and million$ over those years to build their vast propaganda network, which by this point is embedded everywhere!!!

        EXPS: They ‘give’ to universities and even lower level schools IF those learning institutes then agree to ‘teach’ their Libertarian agenda. They have infiltrated many state legislatures, by writing up ‘templates’ for staff to use to quickly and easily use to draft bills (easy, peasy, just fill in the blanks!) They hold regulr meetings, which attendees (of large businesses) pay small fortunes to attend. And on and on and on…..

        What everyone also needs to understand clearly is that when they talk about -‘smaller government’-, they don’t mean less government and lower taxes. Oh no, it really means allegiance and partnerships with corporate America, instead, which then allows them and their paid lobbyists to call all of the shots!

        So much for vetting and voting….. So much for the ‘little people’ having a voice. So much for democracy:(

    • Submitted by Bill Willy on 12/23/2017 - 03:19 pm.

      Just a reminder (for next year’s election)

      Though I doubt it applies to many (if any) who visit MinnPost regularly, for those not familiar with the Koch brother’s influence machine, this link leads to the basics:

      For those who are familiar and happen to live and vote in, or have friends, relatives, associates or acquaintances who live and vote in their districts, a reminder that Pat Garofalo and Mary Kiffmeyer are ALEC’s main robotic water carrying bag people in the Minnesota Legislature. They are ALEC’s “State Chairs” in the House and Senate.

      Pat Garofalo mug shot and committee assignments:

      Mary Kiffmeyer mug shot and committee assignments:

      Here’s a brief description of (just some of) the work they are expected to do for ALEC in our state’s Legislature (work MN taxpayers pay them to do on THEIR behalf and no one else’s):

      “Each ALEC State Chairman shall appoint a Private Sector State Chairman to serve concurrently with the State Chairman . . . State Chairmen duties shall include recruiting new members, WORKING TO INSURE INTRODUCTION OF MODEL LEGISLATION, suggesting task force membership, establishing state steering committees, planning issue events, and working with the Private Enterprise State Chairman to raise and oversee expenditures of legislative ‘scholarship’ funds.”

      I’ll spare everyone the short book I could write on how that ALEC association shows up (like flashing neon clockwork) in the legislation those two are constantly introducing and pushing through the House and Senate committees they chair, but anyone who looks into it will see it’s the next best thing to having the Koch brothers themselves sitting right there in those committee chair chairs.

      Pat and Mary are doing a class-A job in their roles as ALEC State Chairs. Unfortunately, when it comes to their constituents and Minnesotans in general, they’re doing a class-A job of selling us all down the river on their Massa’s orders and behalf.

      In regards to those vows to “obliterate the federal government,” I’d recommend a little casual holiday reading of an article that starts out with this . . .

      “In a chaotic rollout for the ages, Trump stuffed his Cabinet with tyrants, zealots and imbeciles – all bent on demolishing our government from within.”

      It will pop up in a search on “Trump the Destroyer” (which, in terms of warnings, contains adult language and humor while hitting the destructive tendencies nail — that goes with whatever exactly the Swiss cheese psychopathology is — on the head).

      And for anyone not familiar with “the Mercers” who, by the way, see “the Koch network as hopelessly soft on trade and immigration,” this addition to that holiday list — “The Blow-It-All-Up Billionaires” — provides a pretty good glimpse into their particular brand of insanity:

      “When politicians take money from megadonors, there are strings attached. But with the reclusive duo who propelled Trump into the White House, there’s a fuse.”

      Anyone — Democrat, Republican, Independent, Libertarian, Bernie or Bust, Green, Agnostic, Atheist (or sole MN member of the Common Sense Party) — who thinks honestly about all this and maybe looks into this destroyer stuff with as honest and non-ideological eye as possible (unless, of course, they think blowing it all up is a good idea) will just about HAVE to come away realizing they really need to think seriously about doing one of the only two possible right (for America) things that need to be done next November:

      1) Close eyes, hold nose and breath if necessary and (“Oh God . . . NO!!!!) vote Democrat (this once in a lifetime time); or

      2) If that’s just way too much, skip 2018 and hold your vote in reserve until 2020.

      If either of those options seems too much to ask (because of “principle,” if nothing else) remember that you will never have to admit it and no one ever need know. It will be between you and your ballot only and, whether you believe it or not, you will be performing a (no kidding) courageous act of genuine service to your country.

      Thank you FOR that service in advance.

      P.S. For anyone curious or having doubts about our fearless leader’s hardwired, near-idiot savant con man pedigree, couldn’t recommend this C Span “Q & A” interview with David Cay Johnston more strongly. He’s someone I’d never heard of before coming across this interview randomly (it was one of those right-margin viewing options youtube thinks we might be interested in when we’re done watching what we were looking for).

      Turns out he’s a journalist with one of those impeccable set of credentials that just about everyone in journalism respects to no end: “Mr Integrity” and all that. He’s not a political journalist (says he’s not interested in writing about politics unless his editors or publishers force him to) but he IS very familiar with Mr Big and his tricks from things related to him he’s covered for decades.

      It turned out to be a lot more interesting than I expected:

  5. Submitted by Jon Kingstad on 12/22/2017 - 04:18 pm.

    Reagan’s tax cuts

    Reagan sold his tax cuts on the premise of trickle down plus. Reagan and his “supply-side economics” advisers claimed that lower taxes would also result in greater tax revenues. The tax cuts were popular at the time I suppose. But if memory serves George H.W Bush (who was never a believer in “voodoo economics”) is claimed to have lost to Bill Clinton after he reneged on his “no new taxes pledge” when the promised influx of new tax revenues failed to materialize in the succeeding years. It was the Reagan tax cuts which fueled, if they did not start, the ever widening disparities in income and wealth we now see in the US and the shrinking of the middle class and middle class purchasing power..

    The American people have notoriously short memory and attention span so who knows if collectively we have learned from this experience. Or from the experience of the Great Depression or the more recent one in 2008 that only was mitigated by Obama’s anemic Stimulus package. The seeds of future recessions and depressions are sown in bills like this 2017 Tax Bill that concentrate too many resources in the hands of too few who can make any good use of it.

  6. Submitted by Ilya Gutman on 12/22/2017 - 10:25 pm.

    This tax bill reduces taxes for 80% of the population by average of $2,000 starting next year for at least ten years (and we all know that what happens in ten years is not supposed to be a concern – see Obama’s Iran deal). It also causes companies to give bonuses, increase wages, and promise expansion. I don’t like the national debt growth but we can put it in perspective: less than 10% increase in 10 years while Obama added 100% in his 8 years. I really think that it should be easy to “sell” this… and people will start laughing at Pelosi’s and other Democrats’ line that “only the rich win.” Yes, the wealthy get more than others but it’s just a nature of the beast: If A gave $100 for a party and B gave $10, A will get back more in case the party ends up being cheaper than expected. Maybe it’s not that bad… we have to pass it in order to see it.

    • Submitted by Dennis Wagner on 12/29/2017 - 10:26 am.

      Repeat the lesson

      Just can’t stop selling the $2000 propaganda?
      1. Median income in USA ~ $59K, tax cut ~ $708.
      2. “T” will get ~ $15 M is the estimate, takes 7500 folks getting “Zero” to average out to $2000.
      3. 6 Guys in a bar, got $120 between them average Net worth $20 each, Bill Gates (Net worth ~ $45B) walks in the bar, new average Net worth per person, ~$6,43B. Are all these guys better off? On average they are worth ~ $6.43 B more than they were 30 seconds ago?

  7. Submitted by Pat Igo on 12/23/2017 - 12:24 am.

    Wishfull Thinking

    Republicans just gave the American working class a tax break and the Democratics were no way to be found. I’m looking forward to 2018. Anyone paying attention to our economy lately?

    • Submitted by Frank Phelan on 12/23/2017 - 08:48 am.

      Me! Me! I’ve Been Paying Attention!

      Let’s see, Bush, helped by the Senate GOP/Clinton gutting of Glass-Steagall, tanked the economy. Nearly caused a worldwide depression, in fact. Only government intervention saved the day. But instead of getting concessions from Wall Street, that corporate lackey Obama let ’em off the hook. Unbelievably, no one went to jail!!! So much for being tough on crime. This Greenspan guy, thought to be an economic guru of sorts for a while, he said it would be foolish for the mega banks to play fast and loose with their depositors’ money. See, he forgot it was you and I backing p those promises. Like if you went to Vegas, and the government paid your mortgage if you lost all of your money playing black jack.

      Then, in March of 2009, just weeks into the Obama Administration, the stock market started moving up. And it’s been moving up at about the same rate since then, an incredible rally. During 2016, a GOP presidential candidate, last name of Trump, said there was a bubble, and the market was due for a serious tumble. That guy couldn’t have been more wrong. That Obama stock market rally has lasted longer than the Obama Admin. When that Obama guy came in, the economy was in sorry shape. But he handed off a super charged economy that has been adding jobs every month for years now.

      Here’s one bad thing: Wages for working folks have been flat. I mean, not just during the Don Trump Admin (apparently he was a better campaigner than a stock prognosticator). Working folks wages were flat during Obama’s time too. In fact, wages have been flat for decades now, it’s just that some people only noticed while Obama was around.

      Funny thing about paying attention. Not only did a lot of people not notice that wages have been flat until Obama came in. But a lot of people didn’t really notice the stock market’s loooong rally until November of 2016. But if you look at a graph of the S & P 500 for the last 10 years, you’ll see what I mean.

  8. Submitted by joe smith on 12/23/2017 - 05:00 pm.

    As I said with Obamacare, if the new law

    helps folks they will like it, if not, they won’t. Nobody saved $2,500 as a family, you couldn’t keep your Doctor and individuals looking for a plan (not eligible for ACA subsidies or Medicaid) got raked over the coals. Folks didnt like it. If blue collar folks get more take home money per pay check, a better job or a raise they will like the new tax law, if not, they won’t.
    Remember Nancy Pelosi’s famous words “we have to pass the law to find out the goodies in it”.

    • Submitted by John Appelen on 12/28/2017 - 08:22 am.

      Self Centered

      Now I am all for less government, more personal responsibility and lower taxes, however I still think this was the most irresponsible and selfish act the GOP could take. In essence it is pandering to all current voters at the expense of all future voters and the security of our country.

      The problem is of course that most of the current voters seem to be self centered and greedy. I mean the Liberal voters demand more of everything as long as someone else is paying for it. And the Conservative voters want taxes lowered as long as no one touches their benefits. And both seem to be fine exploding the national debt and ignoring the entitlements mess that is pretty much upon us.

      I would have preferred if the GOP had cut the budget to drive a surplus so we could start whittling away at the National debt during these “good times”. Because we all know that the economy will experience a recession sooner than we like. And then like a squirrel who did not collect enough nuts, winter is going to be really hard…

      • Submitted by Dennis Wagner on 12/29/2017 - 12:05 pm.


        Probably agree on some key points, but perhaps not so much on the rhetoric or some of the economic assumptions! Every coin has 2 sides. So who is entitled to pay off the debt and at what %, should it be relative to your assets, like a business, you own 80% of America’s Assets you are liable for 80% of its liabilities?

    • Submitted by Dennis Wagner on 12/29/2017 - 06:04 pm.


      Quit with the keep your doctor! 4 Years in the Navy never got to keep my doctor, moving for business 2-3-4 times typically didn’t get to keep my doctor, changed jobs 2-3-4 times typically didn’t get to keep my doctor, ~ every year or so the company changed health plans, typically didn’t get to keep my doctor, my chosen doctor changed health plan affiliation, didn’t get to keep the doctor. My chosen doctor had a 4 day wait list, and I had something severe, had to chose a different doctor. Folks like me call this whining a red herring. It is also why folks from one side of the political spectrum don’t trust folks form the other side. Keep digging up old and worthless skeletons to put on display. Point is: Many folks didn’t even have a doctor, no medical care, zip, zero, nada, and seems your ability to have empathy for those folks is similar, zip, zero, nada, and here we are, what 6-7-8 years later still griping because some folks had a limited selection of what 20-30-40 50 doctors?
      Uninsured went from ~ 14% of population to ~ 8% (2013-2016) US Population ~ 323 M, 7% of the population is ~ 22-23 Million, Apparently you feel comfortable kicking 22-23 M people to the curb and off of medical coverage, because that terrible thing happened, your doctor choice declined from what 50 to 49? And of course none of it was attributable to any thing else but bad-boy Obama, shame on him for wanting health care for 22-23 M fellow Americans!.

  9. Submitted by Dennis Wagner on 12/29/2017 - 11:53 am.

    Don’t know

    If this is going to deliver on anything. The Tax bill from this perspective is nothing but a rob from the future, give buckets of cash to the rich, and teaspoons to the normal folks scheme being sold as free money. Seems lots of people have short memories and are easily deceived, they continue to think poor folks are poor by choice, except them, and should be punished for their poverty, while all wealthy people are deserving of more riches earned or not, needed or not, and are wiser on how they utilize those riches. End result, a country of Oligarchs, shrunk middle class and large class of serfs, one needs look no further than the wealth distribution charts of America to see the trends. “T” gets ~ $15M and 7500 other folks have to get $zero, in order to average $2000 each, easy honest math and philosophy.

  10. Submitted by John Appelen on 12/29/2017 - 05:22 pm.

    As I said

    “Liberal voters demand more of everything as long as someone else is paying for it”

    Remember my view that there are at least 4 definitions of “fair taxation”.
    1. Dues: Each citizen lives in USA. Each should pay same amount.
    2. Flat Tax: Each pays the same rate on income starting at $0
    3. Flat Tax: Each pays the same rate on income starting at ~$40,000
    4. Progressive: People who learn, work, save and invest pay most of the bill

    Personally I think #3 is most fair and logical. But of course my goal is to strongly encourage 2 Parent families, continuing education, good financial choices, a strong work ethic, savings and investing for the good of all American citizens and our country…

    Arbitrarily making some citizens pay much more via #4 so that other citizens can have their irresponsible life styles subsidized has never made much sense to me.

    Just like if I were to collect money from my daughters each month and redistribute from the worker/saver to the relaxed/spender… It just would not be good for either of them. 🙂

Leave a Reply