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Heller’s Tax Plan: Broken Promise to the Middle Class, Most Unpopular Major Bill in Decades

Washington Post: As tax plan gained steam, GOP lost focus on the middle class

USA Today: Poll: Most Americans doubt GOP bill will cut their taxes or boost the economy

Vox: Treasury Department admits Senate tax plan won’t pay for itself

More bad news for Republican Senator Dean Heller and his tax scam… the Washington Post highlights how the GOP abandoned their focus on middle class families, a new USA Today/Suffolk poll finds “the lowest level of public support for any major piece of legislation enacted in the past three decades,” and the Treasury Department just admitted that the Senate’s tax bill will not pay for itself and will therefore add to the national debt.

Washington Post: As tax plan gained steam, GOP lost focus on the middle class

The GOP tax plan on the cusp of becoming law diverges wildly from the promises President Trump and top advisers said they would deliver for the middle class — an evolution that shows how traditional Republican orthodoxy swamped Trump’s distinctive brand of economic populism as it moved through Washington.

The bill was supposed to deliver benefits predominantly to average working families, not corporations, with a 35 percent tax cut Trump proposed on the campaign trail as part of the “Middle Class Tax Relief and Simplification Act.”

[…]

But the final product is looking much different, the result of a partisan policymaking process that largely took place behind closed doors, faced intense pressure from corporate lobbyists and ultimately fell in line with GOP wish lists.

As top lawmakers from the House and the Senate now rush to complete negotiations to push the tax plan into law, it amounts to a massive corporate tax cut, with uneven — and temporary — benefits for the middle class that could end up increasing taxes for many working families in future years.

USA Today: Poll: Most Americans doubt GOP bill will cut their taxes or boost the economy

A new USA TODAY/Suffolk University Poll finds just 32% support the GOP tax plan; 48% oppose it. That’s the lowest level of public support for any major piece of legislation enacted in the past three decades, including the Affordable Care Act in 2009.

Americans are skeptical of the fundamental arguments Republicans have made in selling the bill: A 53% majority of those surveyed predict their own families won’t pay lower taxes as a result of the measure, and an equal 53% say it won’t help the economy in a major way.

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The findings underscore the risk for Republicans even as they move toward achieving one of the party’s top policy priorities and delivering the first major legislative achievement of the Trump administration. Christopher Warshaw, a political scientist at  The George Washington University, cautions that passage of the bill will make it more likely Democrats win control of the House in next year’s midterm elections, akin to the electoral price Democrats paid in the 2010 midterms for passing Obamacare.

Vox: Treasury Department admits Senate tax plan won’t pay for itself

Today, the Treasury Department finally released its much-promised analysis of its tax plan. And it turns out, they can’t deliver what they promised.

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So there’s the story. Both JCT and Treasury are, at this point, run by Republicans and using the methods Republicans say they favor. According to those methods, the tax plan will not achieve what the tax plan’s political advocates say it will achieve. And by other, more skeptical methods, things look even worse.

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