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12/13/17 6:14 PM

#275703 RE: fastlizzy #275702

Republicans Tax Bill in Final Sprint Across Finish Line

By JIM TANKERSLEY, THOMAS KAPLAN and ALAN RAPPEPORT DEC. 13, 2017

https://www.nytimes.com/2017/12/13/us/politics/tax-bill-republicans-deal.html?_r=0

Whatever the detail, in a general sense, more luxury liners to last and temporary life jackets for some middle classed.

The Biggest Tax Scam in History
[...]
So it’s a giant scam. And while the exact nature of the scam may be unclear, ordinary American families would end up being the victims either way.

For suppose those temporary tax breaks did end up becoming permanent, so that the budget deficit soared on a long-term basis. Then what? You know the answer: Republicans would suddenly revert to the pretense that they’re deficit hawks, and demand “entitlement reform” — that is, cuts in Medicare, Medicaid and Social Security, programs that ordinary families depend on. In fact, they’re already talking about those cuts — they’ve started the switch even before getting the suckers to take the bait.
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