[Severian]

Originally Posted by Robert Schunk

This tax plan is the opposite of what this country needs right now. What is needed is massive public investment in infrastructure (both to create jobs and to repair the effects of neglect over past decades) financed by aggressively progressive income taxation, particularly on unearned income (interest, dividends, etc.). This marks the second great betrayal of Trump's voters this year, the first being his illegal attack on Syria.

This bill eliminates the estate tax, which primarily affects only the wealthiest (an exemption for family owned and operated farms and small businesses could easily have been arranged), and contains a backhanded (though not unconstitutional) slap at Federalism through the elimination of the state and local income tax deduction, which could limit the ability of the several states to raise their own tax revenue. It exacerbates wealth and income inequality in this country, which is our biggest problem right now.

If you want to know where this is headed, look up Governor Sam Brownback's Kansas. Save for the fact that Kansas' massive tax cuts also involved spending cuts, which this bill doesn't, adding about 1.5 trillion to the national debt.

Wow. I agree with you.