Republican Tax Plan.....Again.

I am about to attack the Republicans.

Go make some popcorn. Grab the neighbors and get ready.......You have waited awhile but the time has arrived.

In 2013 The Republicans (and Obama) shut down the government because Republicans didn't want to raise the debt ceiling.

The Republicans were against adding any new to debt to the Deficit.

Something would need to be cut and that brought us the Sequestration. Forced spending cuts to offset new deficit spending.

Last month Speaker of the House Paul Ryan promised any new tax cuts would be deficit Neutral. Lower this rate. Raise that rate. It all equals out. Don't even worry about it.

Now we see the new Republican tax cut will actually raise the Deficit 1.5 Trillion.

What happened to all the Republican Deficit hawks?

Now if the tax cuts get the economy to expand than maybe it will be fine. But that is a large chunk of change that needs to be made up.

Without these new tax cuts there is already a large deficit. This is only adding to it.

George W Bush tried huge tax cuts in 2001 and 2003. In 2008 the economy imploded. But hey lets try again.

I think Trump would be smarter to offer tax cuts based on incentives. Bring jobs back to the USA and THEN you get a tax cut. The more jobs you bring back the larger the cut. To me that makes a lot more sense.

Trump never calls to ask my opinion though so I just have to tell you. Now you know.

https://www.bloomberg.com/news/articles/2017-11-02/tax-bill-s-corporate-benefits-dwarf-costs-of-individual-changes