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."
Tax Cuts: Who gets the benefits? Who pays the cost?
- Jim Tankersley - New York Times - @jimtankersley
- Rich Lowry - National Review / KCRW's Left, Right & Center - @RichLowry
- David Cay Johnston - Pulitzer Prize-winning reporter and author, Daily Beast, Investipedia, DC Report - @DavidCayJ
- Maya MacGuineas - Committee for a Responsible Federal Budget - @MayaMacGuineas