“Donald Trump’s tax plan is historically unpopular. Nevertheless, Republicans are on the precipice of passing the first major restructuring of the American tax code in thirty years thanks to one-party control of Congress and a relative lack of public outrage. The president will likely end his first year in office with a major tax cut for corporations as his only domestic achievement — and at least one host on his favorite television channel is not impressed.” MORE
“Republicans are just a few steps away from accomplishing a decades-long dream — overhauling the tax code. But with the Senate hoping to vote on its tax bill in just days, at least nine Republicans may still need convincing about their party’s proposal.” MORE
THE DAILY SHOW
“The GOP’s tax bill would severely curtail its own administration’s plan to solve the country’s $49 billion backlog of public housing repairs. That estimate doesn’t include repairs related to damage from the recent hurricanes — repairs that could also face serious slowdowns if the House GOP’s plan passes.” MORE
“Republican leaders are confident they have the votes to pass their once-in-a-generation tax reform bill in the House this week.
There was little arm-twisting over the weekend, multiple sources close to leadership told POLITICO. And unlike with the Obamacare repeal effort earlier this year, when leaders made final-hour tweaks to win over resistant members, Speaker Paul Ryan’s team doesn’t intend to make significant changes to the legislation before the vote this time.” MORE
“WASHINGTON ― The White House and congressional Republicans have sought to portray their tax plan as primarily a middle-class tax cut. But lately, some of them have been admitting that big money political donors and wealthy CEOs, two groups that overlap heavily, are the ones who care about it the most.” MORE