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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

      NewsNationalPolitics
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