Congress this week passed and sent to President Trump a $1.5 trillion overhaul of the U.S. income tax code. The disenchantment expressed by the few was almost laughable.
“My Republican colleagues … will rue the day they did it. They don’t want to discuss it, they don’t want to have some light shed on it. They don’t want anyone to know what is in it, because it is so, so, bad. And the public knows it.”
— Chuck Schumer (D-N.Y.), Senate minority leader
The tax plan is “brazen theft” that “betrays the future and betrays the aspirations of our children. It is a vote to install a permanent plutocracy in our nation. In this holy time (the Christmas season), the moral obscenity and unrepentant greed of the GOP tax scam stands out even more clearly. … It is the end of the world. The debate on health care is life/death. This is Armageddon.”
— Nancy Pelosi (D-Calif.), House minority leader
“For years, I have constantly sounded the alarm about the need to cut wasteful spending, balance the budget, and eliminate the massive debt that is bankrupting our nation. This is not just an economic issue, it’s a national security issue. … I am also concerned that this bill will result in millions of middle class Americans, and thousands of Eastern North Carolinians, paying more in taxes, not less. It is estimated that 5 percent of taxpayers will pay more tax in 2018, 9 percent in 2025, and 53 percent in 2027. That is the last thing struggling families need.”
— Sen. Walter Jones (R-N.C.), one of 12 GOP senators who voted no on the tax bill
“Californians need tax relief now more than ever, especially as the tax factory in our State Capitol continues looking for ever-increasing ways to take more of our hard-earned paychecks. Yet, I still fear that even in the revised proposal, many in my area could face higher taxes under this plan.”
— Rep. Darrell Issa (R-Calif.), who also voted against the tax bill
Sorry, Chuck. If the Republicans didn’t shed any light on the measure, how can you know that it is “so, so bad”? You, my friend, are the public personification of obstructionism. You ought to know better. Moreover, the thinking public doesn’t see the new tax bill as being “bad” legislation. You’ve got to get out more to the nation’s diners and county fairs.
Sorry, Nancy. “Armageddon” is synonymous with the end of the world. Nuclear holocaust fits the bill. The 2017 tax bill does not. Please stop already with the groundless theatrics and the goofy melodrama.
Sorry, Walter. Yes, we need to cut wasteful spending. But remember the instructions on how to eat an elephant – that is, one bite at a time. The tax bill is a good beginning. Waste and fraud will be the next targets in President Trump’s bid to drain the swamp. Moreover, about half of the federal debt is money the U.S. taxpayers owe themselves, making the other half manageable if federal officials can rein in waste and fraud, as well as call in some debt that foreign nations owe the U.S. And you’re whining because 5 percent of taxpayers will pay more taxes next year, while 9 percent will be paying more in 2025? Heck, 5 percent is acceptable. As for the 2025 figure, whose crystal ball were you tapping into – I’d like to get me one. And when the tax modifications expire in 2026, well – that sunset is about eight years from now, and a lot can happen in eight years. Because NOTHING that gets adopted in a sitting Congress is permanent. A new Congress down the road before 2026 can change whatever its members vote to change.
And Darrell, you ought to just zip it. Your state is Giveaway Central. It’s why California has the highest debt-to-income ratio among all 50 states. It’s inconceivable that you would think the rest of the states “owe” California a dime to turn your red ledger into a black one. You and your California colleagues just need to clean up your own back yard.
Actor-director-producer-composer Clint Eastwood likely would tap one of his pithy past quotes to sum up all the grousing about the tax bill this way:
“Extremism is so easy. You’ve got your position, and that’s it. It doesn’t take much thought. And when you go far enough to the right, you meet the same idiots coming around from the left.”
Take it to the bank.