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Back to To the Point

To the Point

Tax Cuts: Who gets the benefits? Who pays the cost?

Political veterans call the promise of tax reform a "cruel hoax," because it always amounts to just shifting money from one group to another. With President Trump needing something to call a "win," Congress is looking at big tax cuts for the top one percent and little ones for everyone else.

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By Warren Olney • Oct 24, 2017 • 1 min read

Political veterans call the promise of tax reform a "cruel hoax," because it always amounts to just shifting money from one group to another. With President Trump needing something to call a "win," Congress is looking at big tax cuts for the top one percent and little ones for everyone else. That's only if divided Republicans can come to agreement. Today's latest public dispute between the President and Tennessee Senator Bob Corker won't help. Meantime, the GOP vision of renewed prosperity is beginning to sound like a new version of "trickle-down economics."

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    Warren Olney

    former KCRW broadcaster

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    Devan Schwartz

    Producer

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    Evan George

    Director of Content, News

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    Gideon Brower

    Independent Producer

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    Jim Tankersley

    New York Times

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    Rich Lowry

    National Review / KCRW's Left, Right & Center

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    David Cay Johnston

    Pulitzer Prize-winning reporter and author, Daily Beast, Investipedia, DC Report

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