Tornado Alley (PROG)

[fuagf]

rooster, You're right. Absent the usual analysis and discussion

“When you put all these pieces together, what you’re left with is we are squandering a giant sum of money,” said Edward D. Kleinbard, a former chief of staff at the Congressional Joint Committee on Taxation who teaches law at the University of Southern California. “It’s not aimed at growth. It is not aimed at the middle class. It is at every turn carefully engineered to deliver a kiss to the donor class.”

In a recent University of Chicago survey of 38 prominent economists across the ideological spectrum, only one said the proposed tax cuts would yield substantial economic growth. Unanimously, the economists said the tax cuts would add to the long-term federal debt burden, now estimated at more than $20 trillion.

An excerpt from - It Started as a Tax Cut. Now It Could Change American Life.
By PETER S. GOODMAN and PATRICIA COHENNOV. 29, 2017
https://www.nytimes.com/2017/11/29/business/republican-tax-cut.html

Those who rushed the bill through with such autocratic fervor are "rotten bastards."

It will be interesting to see how much middle class and poor Americans suffer in terms of education, public
transport and health care service due to pressure to reduce state and local taxes as a result of the tax bill.

Also by how much America is hurt by Trump's withdrawal from the TPP will be interesting, too.