It’s enough to make Americans who voted for Trump want to scream. One of the central issues of President Donald Trump’s Make America Great Again plan is revamping the amazingly complex and confusing tax code foisted on the people of the United States in 1986. There’s a lot of horse trading in the plan itself, with offsetting credits and line item deductions, as well as an adjusted rate bracket schedule, but in the end, the middle class was supposed to be the primary beneficiary of the whole kit and kaboodle.
Then the tax plan went to the Senate where a thin margin of the majority means that not only does every vote count, but any defections put the entire MAGA agenda in jeopardy.
At one point, Senator Rand Paul of Kentucky claimed he was not going to vote for the plan. Now, he says he will. So, the Republicans came up with a different sacrificial lamb.
— FOX Business (@FoxBusiness) November 27, 2017
Montana? Oh, yeah that’s going to go over well.
Daines joins Wisconsin’s Ron Johnson in opposing the American middle class. Their specific concerns?
According to Politico, Daines and Johnson have similar objections: They both believe the bill is too generous to corporations while not doing enough to help small businesses, many of which would benefit from a more charitable pass-through rate. For “pass-through” entities, taxes are generally filed through the individual income tax code and not the corporate tax code.
There are millions of these entities, and they are most often sole proprietorships, limited liability companies or partnerships.
Of course, the small business people file their taxes only based on personal income. The business and corporate rates would kill them otherwise and make owning a small business less palatable than it already is.
Senate leadership claims to be trying to address these concerns, but, as the Senate is where legislation goes to die, there might be more than one hurdle there. See, there are a number of senators, some of them lame ducks, who are considering voting “no”.
Per the Hill, they are:
Sen. Bob Corker (Tenn.) – Corker told reporters he wouldn’t vote for a bill that raises the deficit.
Sen. Susan Collins (Maine) – Collins told reporters she is “still trying to change” the Senate bill.
Sen. Jeff Flake (Ariz.) – “I remain concerned over how the current tax reform proposals will grow the already staggering national debt by opting for short-term fixes while ignoring long-term problems for taxpayers and the economy,” Flake said in a statement. “We must achieve real tax reform crafted in a fiscally responsible manner. I look forward to working with my colleagues during a full and robust debate on the Senate floor to deliver on that goal.” Flake is retiring after his term.
Sen. James Lankford (Okla.) – Lankford said in a Nov. 27 news conference that he would like to support the bill but has concerns about the debt.
Sen. John McCain (Ariz.) – McCain praised the Senate Finance Committee for moving the bill through regular order, but has also raised concerns about the impact on the deficit.
Sen. Jerry Moran (Kan.) – Moran told constituents over the Thanksgiving recess that he has “encouraged the leadership” to drop the repeal of the individual mandate and questioned the bill’s impact on the deficit. Moran also raised concerns about a provision of the House bill that would tax qualified tuition waivers as income.
Sen. Lisa Murkowski (Alaska) – Murkowski backs a measure to repeal the ObamaCare individual insurance mandate in the tax bill, but has not offered support for the full bill.
Seriously, whose side are these people on? It certainly is not the American people’s. We voted to ditch Obamacare and the doggone individual mandate. We also understand that when the economy is fully functional, deficits will go down because there will be increased tax revenue. History tells us that. Do these people not read? Or are they so wrapped up in the make-believe reality they have cloaked themselves in to understand that We the People are on to them?
We’ll soon find out…and they will find out just how deep the anger on the fruited plain actually runs.