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Tue Dec 19, 2017, 04:13 PM

Republicans Say Democrats Secretly Like the Trump Tax Cuts. Uh, No.

By Jonathan Chait

Updated on
December 19, 2017
7:00 am

Why don’t any Democrats in Congress support the tax-cut bill? It is a mystery that has been gnawing at many Republicans (though at zero actual Democrats inside or outside Congress). “Our Democratic colleagues simply refused to participate in the process,” complained Senate Whip John Cornyn on ABC. “We probably could have made it better if they had.” Many Republicans have suggested the same conclusion: In their hearts, Democrats truly love cutting taxes for corporations and extremely wealthy heirs, but politics prevents them from saying so. “Obstructionist Dems trying to block because they think it is too good and will not be given the credit!” tweeted President Trump. “We’ve had a lot of very productive conversations with Democrats who I believe are intellectually there,” insists Ivanka Trump. “Their hearts are there but the party’s not there and the leadership’s not there.”

If it were true that Democrats secretly liked the tax cut, but only opposed it for political reasons, you’d expect liberal and centrist economists to support it; after all, economists don’t have to run for office. Nothing of the sort is in evidence. A University of Chicago survey of economists found almost total agreement that the Republican plan would increase the debt and would not substantially accelerate economic growth. It is impossible to find a left-of-center economist who supports the bill, while even conservative economists like Greg Mankiw, who shares the GOP’s objective of reducing taxes on the rich, has criticized their plan.

Tax lawyers have ripped the plan to shreds as a shoddily designed invitation for more loopholes and tax shelters. Even assuming the tax cuts work as intended, rather than opening up new and unintended avenues for tax avoidance by rich people, they would exacerbate inequality:



And that is not accounting for the spending reductions that will eventually be necessary to offset the loss of revenue.

And yet Democratic opposition remains a mystery conservative minds feel compelled to explore. A Wall Street Journal editorial elucidates the popular conservative theory that the Democrats oppose the Trump tax cuts because they have gone mad with hatred. “The 1986 tax reform was driven as much by Democrats as by Ronald Reagan,” the editorial notes sadly.

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http://nymag.com/daily/intelligencer/2017/12/gopers-say-dems-secretly-like-the-trump-tax-cuts-uh-no.html

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Reply Republicans Say Democrats Secretly Like the Trump Tax Cuts. Uh, No. (Original post)
DonViejo Dec 2017 OP
exboyfil Dec 2017 #1
gratuitous Dec 2017 #2
Gothmog Dec 2017 #3

Response to DonViejo (Original post)

Tue Dec 19, 2017, 04:17 PM

1. No credible economist that wants to keep his/her

reputation is willing to sign up for this piece of crap.

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Response to DonViejo (Original post)

Tue Dec 19, 2017, 04:36 PM

2. Can't go wrong with the "both sides" argument

"How do the Republicans think they're going to get away with this?" Just like this: Those mean old Democrats refused to participate in the process. We asked them, we begged them, we importuned them, but they wouldn't have any of it. Now that Republicans have brought forth this abomination of a tax bill, they're saying that everything in it meets with the approval of the Democrats. No, it doesn't make any sense that on the one hand they're trying to blame Democrats for not working with them, but that the final bill is really all on the Democrats.

However, none of the people getting paid millions of dollars a year to report on these shenanigans will see through that two-faced argument. They will also be completely in the dark about who was in on the negotiation and writing of the tax bills, and whether the minority party was shut out of the proceedings or if they were asked politely and flatly refused to join in the fun. But, because it fits in so will with the default "both sides" template, the chucktodds will just have to leave it there whenever the subject comes up. The Republicans have said that the Democrats are secretly on board while the Democrats have denied it, so the truth must lie somewhere in between.

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Response to DonViejo (Original post)

Tue Dec 19, 2017, 04:42 PM

3. Denial is not just a river in Africa

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