The fleecing of the American people

So much good stuff written about this horrible tax bill, but I’ll just go with EJ Dionne on top of his game:

Dec. 20, 2017, will live on as a day of disgrace and dishonor.

It will be remembered as the day when a government of, by and for the people became a government of, by and for wealthy campaign donors — and of, by and for wealthy Republican politicians themselves.

We thought the corruption, self-dealing and social indifference of the Gilded Age were long behind us. But we underestimated the raw nerve of President Trump, House Speaker Paul D. Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.).

This Triumvirate of Privilege has returned us to the “age of betrayal,” as writer Jack Beatty called the years of the robber barons. The goal has always been to roll back the social advances that the country has made since the Progressive Era. On Wednesday, the demolition crews in the House and Senate struck a devastating blow.

The tax law loots the federal treasury on behalf of major corporations and the richest people in America. It sharply shifts the nation’s tax burden onto wage and salary earners whom Trump, Ryan and McConnell treat as serfs expected to bow before the wielders of capital, including real estate titans such as the president himself. It also creates an utterly unstable tax code. So many new opportunities for evasion were stuffed into this monstrosity that not a single person who voted for it can fully know what its effects will be.

This lobbyists’ wish list was passed with unconscionably reckless haste because those who confected it didn’t want mere citizens to grasp what they were doing…

All except the willfully blind must now acknowledge that, sadly, the Republican Party of Abraham Lincoln, Theodore Roosevelt and Dwight Eisenhower is dead. Friends of sane budgeting and compassionate health-care coverage placed their hopes in three Republican senators — Jeff Flake of Arizona, Bob Corker of Tennessee and Susan Collins of Maine. Each expressed grave doubts about this bill — and then folded.

About Steve Greene
Professor of Political Science at NC State http://faculty.chass.ncsu.edu/shgreene

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