Republicans are in overdrive as they attempt to pass tax cuts they are marketing as tax cuts for the middle-class when it is a theft of middle-class money they will transfer to those with means and power. This political analyst has a warning Republicans will do well to listen to sooner than later.
Political Analyst Matthew Dowd gives Republicans a caution on tax cuts, be careful what you wish for as passage of the bill may seal an electoral defeat.
Matthew Dowd warns Republicans on Tax Cuts.
Tax cuts may cost Republican majorities just as Obamacare did for Democrats (VIDEO) pic.twitter.com/H8eDkd7vKX
— Egberto Willies (@EgbertoWillies) October 30, 2017
“Be careful what you wish for,” Dowd said. “This is just like much of the pressure that the Obama administration put on the Democrats in Congress in 2009, ‘You’ve got to pass something. We need to have something to run on.’ They pass Obamacare. And they lose almost every single office. This tax bill to me right now, all the polls show, it’s very unpopular, the elements that we know. Eighty percent of the benefits of this tax bill go to the top one percent of the country. So it’s not going to help the working class, those voters that are going to decide this election.
But I think fundamentally, Lindsey Graham is wrong about one thing. One, the Republicans hold all the levers of power in this. I think he is wrong that the Republican Party whether or not they pass this tax bill is dead. The Republican Party as we know it, the party of Ronald Reagan, the party of George W. Bush, is gone. The party now is the Donald Trump Party. Eighty percent or eighty-five percent of the Republican voters regardless of what the Republicans say in Washington, that walk around the halls of the Capitol and say what they think the Republican Party is, that party is long gone. They have to terms that this is the Trump-Steve-Bannon Party, that is more welcoming to somebody like Roy Moore than it is to somebody like Jeff Flake.”
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Also published on Medium.