THEN
". . . it will no longer be accurate to describe him (Trump) as an economic populist who pursues policies to benefit the poor and the middle class at the expense of the wealthiest Americans. The reason: The Senate tax plan he’s selling is the exact opposite of economic populism. . . During the 2016 presidential campaign — and even in his first year as president — Trump portrayed himself as an economic populist. . . Do you believe in raising taxes on the wealthy? TRUMP: "I do, I do, including myself. I do." (Today Show town hall, April 21, 2016). . . “The thing I'm going to do is make sure the middle class gets good tax breaks. Because they have been absolutely shunned.” . . .(“Meet the Press,” May 8, 2016) . . . “I have joined the political arena so that the powerful can no longer beat up on people who cannot defend themselves” (GOP convention speech, July 21, 2016) . . . “We are transferring power from Washington DC and giving it back to you, the American People ... The forgotten men and women of our country will be forgotten no longer.” (Inaugural address, Jan. 20, 2017) . . . “I have wealthy friends that say to me I don’t mind paying more tax. . . " (Wall Street Journal interview, July 25, 2017) . . “Our framework includes our explicit commitment that tax reform will protect low-income and middle-income households, not the wealthy and well-connected. They can call me all they want. It’s not going to help. I’m doing the right thing, and it’s not good for me. Believe me.” (Speech on the GOP tax plan, Sept. 27, 2017). . ."
NOW
". . . Under the Senate tax plan, according to the Congressional Budget Office, the poorest Americans are worse off (due to no longer receiving tax credits because the bill eliminates the health-care law’s individual mandate), while the richest American are better off; . . . Even if you exclude the individual mandate from the analysis, the CBO showsthe poorest will see their taxes go up by 2027, because the individual tax cuts are temporary while the corporate ones are permanent. . ."
Let's File A Joint Tax Return
©2018 Raymond M. Jozwiak
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