This link contains a complex but important, scathing dismantling of the core of the #GOPTaxBill by NYU Taxation Law Professor @DanielShaviro - how it made our tax system “less efficient, less fair and more complex.” —> danshaviro.blogspot.com/2018/03/anothe…
Here’s where he reminds us how certain Senators seemed to suddenly back the #GOPTaxBill when provisions that helped them personally were added. #CorkerKickback
Here’s where he points out that certain “business owners” in “favored sectors” will enjoy lower tax rates than their own employees.
Here’s where he looks at the psychology behind the #GOPTaxBill - “powerful people” who are “sufficiently insecure and anxious about their power... gravitate naturally to demanding special treatment.”
Translation: this wasn’t about helping working Americans.
Here’s where he points out how “The Kansas Experiment” - which the GOP has now taken national - was a failure, yet the lesson they seemed to learn was to add “guardrails... to direct as much of the benefit as possible to the favored group”
He closes by calling the pass-through laws an “ugly stain”.
It’s not an easy read, but it’s a stark reminder that the spirit of this bill was intended to help donors first and foremost, and working Americans last and least. #GOPTaxBill
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After a UN report about extreme poverty in 🇺🇸, the administration put out a statement calling poverty “largely over”
Internal docs show they solicited input from Census Bureau economists & the Council of Economic Advisers- then totally ignored it👇🏼 foreignpolicy.com/2018/08/02/int…
Here’s the part where their own advisors reminded them the current “economic growth and prosperity” started under the previous president👇🏼
Awkward.
Here’s the part where their own economic advisors remind them “wages haven’t really picked up, other than for supervisors” 👇🏼
Causing them to delete the line- an admission that it is indeed a fact.