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Hermit-The-Prog

(33,348 posts)
Fri Mar 2, 2018, 07:55 AM Mar 2018

Americans havent been bamboozled by bonuses: The GOP tax law is a flop [View all]

This discussion thread was locked as off-topic by DonViejo (a host of the Latest Breaking News forum).

Source: Salon

Republicans have failed to sell their tax cuts

Sophia Tesfaye 03.02.2018 3:59 AM

Republicans’ corporate tax cuts aren’t getting more popular as planned — and that’s a big problem for the party.

It’s been a little over two months since President Donald Trump signed the bill into law, but it’s becoming clearer each day that the GOP’s signature legislative accomplishment during their first turn at dominating the federal government in a dozen years has turned into a complete dud.

For a minute there — as Republicans rushed to publicize every temporary bonus announced by a company and attributed to the GOP tax bill, even though several had been announced months earlier — it looked like the law was a winning issue for Trump’s party.

[...]

Luckily for Democrats, the Republican tax law is unraveling before it really picked up steam.

The Koch brothers’ political network has already spent millions of dollars on TV ads and grassroots events to help improve the plan’s popularity. Americans for Prosperity, a political group associated with the billionaire brothers, launched an ad campaign earlier this month attacking Democratic senators who voted against the law. Yet attitudes about the law haven’t shifted to favor Republicans much.

[...]

Every Democrat up for re-election — blue, purple, or red state — can run against the ultimate cost of the law — Republicans’ threats to cuts to Medicaid, Social Security and the rest of the social safety net. As Ron Brownstein notes, this was a winning strategy for Bill Clinton, who “won his epic budget showdown with a Republican-controlled Congress in 1995 and 1996 by linking the GOP’s tax cuts with its simultaneous proposals to cut Medicare and Medicaid.”


Read more: https://www.salon.com/2018/03/02/americans-arent-being-bamboozled-by-bonuses-the-gop-tax-law-is-a-flop/

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