Do

people really think it's an accident that attention was turned to "tax reform" (Their words, not mine) after they couldn't get anything done with Healthcare? Do people really think they don't see the handwriting on the wall of whats coming and want to get their gifts out to their mega-doners while they still can?

And don't buy this nonsense of how this really helps low income Americans either.

I saw South Carolina Senate Republican Tim Scott do a great job this weekend on a Sunday Talk show defending this tax cut for the rich as really helping poor working people.

Here is what Senator Scott didn't say.

The tax breaks for lower income persons?

Gone after 10 years.

The lowering of the corporate tax rate from 35% to 20%?

Permanent.

Also, with the cuts in social programs in the budget?

Which a lot of poor people depend just to get by on?

The net gain for lower income people comes out in the negative.

Don't buy it.

It's a scam they're selling.

Fools or Knaves

"But the prestigious Tax Policy Center concludes that by 2027, almost all of the benefits of both bills will have gone to the richest 1 percent, while upper-middle-class payers will pay higher taxes and those at the lower levels will receive only modest benefits."

"Even Congress’s own Joint Committee on Taxation – the House and Senate’s official scorekeeper on tax issues – finds that the Senate’s version of the bill would increase taxes on all income groups making under $75,000 per year. 

By 2027, it would give its biggest tax breaks to those making $1 million or more. The House bill would be even more generous to millionaires and billionaires."

But even the Tax Foundation – a major proponent of the corporate tax cuts – estimates the House bill will cause a $1.08 trillion revenue loss over ten years and the Senate bill, a $516 billion loss."

These losses?

They will be the

perfect excuses to gut social programs 

that help working poor people and the elderly.