“President Donald Trump has promised that wealthy Americans won’t get a massive tax cut as part of Republicans’ plans to rewrite the tax code.
But there’s a problem with that: Higher earners already shoulder most of the tax burden while average Americans pay a relatively small share of income taxes, making it increasingly difficult to cut taxes, particularly tax rates, without favoring the rich.” MORE
Man, this is just hilarious.
For years, Republicans have run for office on promises of cutting taxes and bolstering business to stimulate economic growth, pledging allegiance to a Reaganesque model of conservatism that has largely become the party’s orthodoxy.
But now the entire rationale for the Republican Party’s existence is being ripped out by the roots by the fearsome Trumpenstein, leaving them scrambling to explain to their ultrawealthy donors why their undisputed frontrunner is advocating levying higher taxes on them: CONT’D