Sen. Mike Lee: The tax bill will help, but don't take my word for it

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  • Sadixo8433 Salt Lake City, UT
    Dec. 28, 2017 4:13 p.m.

    Your entire argument Senator Lee is flawed. You finish by claiming that we will have confirmation of your wise decision when we see our paychecks change very soon. We all understand that this will happen.
    But the point that you are missing is that we won't see exactly how bad this tax plan is until 10 years from now when the transfer of wealth from the middle and lower class to the upper class further consolidates wealth and power in the hands of the smaller and smaller number of billionaire donor class individuals.
    When the deficit builds, when the economy doesn't grow at 4%, and when all that wealth doesn't trickle down from the Koch brothers into my pocket we will truly see how bad this tax plan is.
    We are not naive enough to think that if our paychecks go up this year everything is going to be just fine and that you made the correct vote.
    Go sell your snake juice somewhere else. We are coming for your seat and if we register 200,000 voters this year, we can do it!

  • one vote Salt Lake City, UT
    Dec. 28, 2017 8:10 a.m.

    What about the National debt? This deficit measure is totally against everything he said until he voted for it.

  • patrioticAMERICAN South Jordan, UT
    Dec. 27, 2017 4:51 p.m.

    Don't worry, Sen. Lee--intelligent, informed voters won't just take your word for it. Unfortunately, the 2018 midterm elections will take place before party-loyal, less informed voters have a chance to see how it affects them. It might take a few years before the real effects of it are known, unless enough voters inform themselves before Nov. 2018, and vote in replacement Reps/Senators who actually care about what their constituents are telling them, and enough corrections are made to the tax scam bill.

    If not, I suspect that enough effects will have have been felt by the time your reelection comes around, that you might want to consider having a backup plan for your career and livelihood.

    Perhaps you should have paid more attention to your own Tax Policy Commission on the huge deficit it will create; or the myriads of experienced economists who warned that giving a giant boost to an already healthy economy is a recipe for disaster. The question is not IF the high inflation and subsequent recession will hit, but WHEN and how bad will it be?

  • bobdc6 park city, UT
    Dec. 26, 2017 9:23 a.m.

    Mike Lee doesn't know, he's hoping he's right. Paul Ryan says this middle class tax cut depends on a future Congress extending the law, Paul Ryan's hoping too.

    Corporations are going to bring home billions and give it to middle class workers? Don't hold your breath! The tax code needs OVERHAUL i.e., rewrite, but all the Republicans gave us is an uneven tax cut, expiring for the middle class, trickle down. Sad.

  • silo Sandy, UT
    Dec. 24, 2017 4:14 p.m.

    @worf
    "Obama's vacation to India and renting the entire Taj Mahal exceeded a billion"

    And every single fact check site calls that claim false, or pants on fire false.

    If obama was so bad, why the need to perpetuate false claims?

  • worf McAllen, TX
    Dec. 24, 2017 1:17 p.m.

    @Irony Guy,

    Obama's vacation to India and renting the entire Taj Mahal exceeded a billion. Annual eighty million dollar vacations to Hawaii was also costly. There were other costly vacations as well.

    CNN won't give you accurate reporting.

  • goodnight-goodluck Salt Lake City, UT
    Dec. 24, 2017 12:50 p.m.

    Tax bill will help those middle class earners with a beginning wage of $450,000.00 the rest of us maybe for a day or two until they come back to cover the paygo restrictions and try to balance the deficit ledger by dismantling social security medicare and medicaid. Which are not and never were entitlement programs, but in reality taxes we earners paid into supposed secure accounts for our old age.

  • Misty Mountain Kent, WA
    Dec. 24, 2017 10:36 a.m.

    The Koch Brothers' businesses told the Republican senators--in words of one syllable--that they would either cut corporate taxes, or said businesses would support their opponents in the next election. Not a single Republican congressman denies this.

    All the nonsense about this being good for the average American is just blather. Anyone who can read and has a calculator knows that.

    Is anybody surprised that the R's voted that way? Tell me the last time any Republican supported something that was good for the country as a whole. Besides Susan Collins and Lisa Murkowski voting down the Obamacare repeal.

  • Copybook Headings Draper, UT
    Dec. 24, 2017 4:41 a.m.

    Yes this tax cut is horrible! Silly Republicans don't understand that the only way to grow an economy is shovel ready projects! That works every time. Just add a trillion dollars to the deficit and watch the economy grow overnight!

  • Frozen Fractals Salt Lake City, UT
    Dec. 23, 2017 8:24 p.m.

    @Thid Barker
    "Since President Trump was elected, GDP has doubled and will likely double again."

    That's completely false. Did you mean GDP percentage growth? If you did, that'd also be false (Trump's Q2-Q3 average barely clears that threshold but his Q1 drags it down below a doubling).

    " Wages have increased by about 2%"

    That's not new...

    "businesses will skyrocket and soon double the tax base!"

    Not true. We already have a low unemployment rate. There's no room to grow things that much... unless you raised taxes on the poor but most people are getting a tax cut in this bill. If people at the bottom are getting a tax cut, that isn't reducing the percentage of people paying no income taxes, it makes more people not paying income taxes.

  • Irony Guy Bountiful, Utah
    Dec. 23, 2017 7:53 p.m.

    @Worf

    Please. By October, only nine months in office, President Trump and family had already spent $147 million on personal travel, amounting to 1 and 1/2 times as much as President Obama and family spent in the eight years of the latter's presidency.

    At this rate, over a 4-year period, Trump's vacations will cost us $784 million, which will be almost TEN times as much as Obama cost us in 4 years.

    Deny it?

  • Hutterite American Fork, UT
    Dec. 23, 2017 6:56 p.m.

    Where was your voice when our rich commander took eighty million dollar vacations off the backs of working Americans?
    Silent. Because, as is often the case with these claims, it's false. Fake News, to quote a phrase.
    President Obama and his family accumulated over eighty million dollars in travel costs over his eight year presidency. He did not take an eighty million dollar vacation.
    Presidents are entitled to vacations, and they're expensive. Trump, however, is managing to rack up the bills far faster then President Obama. He won't make two terms, but if he did, at this rate, he will far surpass eighty million. To the benefit, often, of properties he owns. Yes, that would be a problem if any other president did it. They often include all the family he has installed in the white house. Again, treasonable if Hillary Clinton did it. And, we've not forgotten how he slammed President Obama for golfing, and committed to not do it. We remember. And we see what a liar he is. You can't make us not see the lies.

  • worf McAllen, TX
    Dec. 23, 2017 4:25 p.m.

    @LOU Montana ,--the rich pay the most taxes, create most all our fine conveniences, and create jobs. Destroy that and you have a third world country.

    Where was your voice when our rich commander took eighty million dollar vacations off the backs of working Americans?

  • FanOf"ChuckARama" Vernal, UT
    Dec. 23, 2017 4:24 p.m.

    "You don’t have to take my word for it. In fact, as citizens, you shouldn’t take any politician’s word for it. And, happily, you won’t have to."

    Brilliant disclaimer Mr. Politician. LOL!

  • Frozen Fractals Salt Lake City, UT
    Dec. 23, 2017 4:18 p.m.

    @NoNamesAccepted
    " Covetousness is a very ugly (and sinful) foundation for any political position."

    You support a recent tax cut paid for by throwing 1.5 trillion dollars onto the national debt because you think you'll have more money because of it.

    @Facts are Friendly
    "Everyone will benefit. Deal with that!!!"

    Do you support a universal healthcare bill that throws the costs of it onto the deficit? After all... everyone benefits from free healthcare, right?

    @worf
    Job creation was slightly higher in 2016 under Obama than in 2017 under Trump.

  • wide_awake Montpelier, ID
    Dec. 23, 2017 3:41 p.m.

    Senator Lee: unless I simply missed it, you forgot to mention that the "tax cuts" for individuals expires in 2025. On the other hand, the cuts for corporations don't have any expiry date. Most of us individual taxpayers, if we're lucky, will surely be around in 2025. I, for one, will surely remember the GOP when my taxes go up then.

  • Thid Barker Victor, ID
    Dec. 23, 2017 3:15 p.m.

    The alternative is to keep economic growth around the meager 1-2%, keep wages stagnant and double the national debt, again like the pre Trump 8 miserable years!
    Since President Trump was elected, GDP has doubled and will likely double again. Wages have increased by about 2% and just beginning and with this tax reduction, businesses will skyrocket and soon double the tax base! This means more people will be paying taxes than ever because businesses overseas do not pay any US taxes! Things are exciting in America, again!

  • Kilroy Was Here Centerville, UT
    Dec. 23, 2017 3:07 p.m.

    "Ask not what your country can do for you – ask what you can do for your country" - a line President Kennedy plagiarized from his old headmaster

    Who cares what is in this tax bill as long as I get my fair share of the loot.

  • LOU Montana Pueblo, CO
    Dec. 23, 2017 2:44 p.m.

    Worf, another fake economy based on tax breaks for the rich. GWBush years all over again.

    Who will you blame this time?

  • worf McAllen, TX
    Dec. 23, 2017 2:10 p.m.

    Obama claimed Trump couldn’t fix the economy without a magic wand, and yet the stock market saw a boom the very night of Trump’s election and thousands of jobs began to return before he even took office.

    In the same manner, before the new tax bill was signed into law the American people are already seeing the benefits.

    Companies such as AT&T and Comcast have stated they will invest $1 billion and over $50 billion into their infrastructure respectively, as well as both companies committing to $1,000 bonuses to hundreds of thousands of non-executive employees.

    Boeing has dedicated $300 million to workers in the form of training, facilities, and a program incentivizing charitable giving.

    Thank you Mr. Trump and Merry Christmas.

  • worf McAllen, TX
    Dec. 23, 2017 1:42 p.m.

    America is already four trillion dollars richer since Trump took office.

    The tax cuts are more than covered and paid for.

  • nonceleb Salt Lake City, UT
    Dec. 23, 2017 1:29 p.m.

    No. We will not take your word for it, or the word of any other Republican. History says otherwise. "Trickle- down," "Supply-side," or whatever you want to call it, has already been tried twice and failed to deliver. Under Reagan, the tax for the wealthiest was cut in half. Deficits increased and the national debt tripled. Under Clinton there was a modest middle-class tax cut and an increase in the top tax rate for the wealthy from 35% to 39.6%. The last 2 years of his presidency there was a surplus. Then GW Bush had a $1.4 trillion tax cut, mostly benefitting the wealthy, which economists called a "gamble." Deficits increased. The national debt doubled, and we ended up with a bubble burst and the Great Recession. I guess you think that it will work if we try it a third time. If at first you don't succeed, try the exact same thing again, and then again.

  • JBs Logan, UT
    Dec. 23, 2017 1:20 p.m.

    I've done the math and my share of the tax refund, which decreases each year according to the calculator, will be $26 each year. Then my tax bill will increase. Wow, I'm completely underwhelmed. What will Mr. Lee's be? Mr. Hatch? Our Utah delegation will do well. From the leaked tax returns for Mr. Trump, his will be, as reported on POTUS, around $16 million a year. Hmmm. Who benefits? Not me.

  • Irony Guy Bountiful, Utah
    Dec. 23, 2017 1:04 p.m.

    I'm glad Mike "Short-Sale" Lee doesn't want me take his word for it.

    The bank took his word for it about his mortgage, and found out his word wasn't worth much.

  • Lib on Planet Zion Salt Lake City, UT
    Dec. 23, 2017 1:00 p.m.

    Alum

    “really getting tired of the negative spin”

    Myself and family thank you for another tax break at your expense! When you possibly realize that you have once again been lied to by the Supreme Leader you can always scream “fake news” to the I.R.S! How many enablers on this forum wil be using the “private jet” deduction? How about the changes in the Estate Tax? Say good-bye to the option of itemizing deductions. If you live in a state with high income or property taxes, the deductions you lose will be significant. If you live in a place with very high real-estate values, you will lose part of your mortgage-interest deduction! “Pass-through” business income will get a big new break. If you’re a lawyer or another professional operating through a partnership, a sole proprietorship or an S-corporation, you can get a new deduction sheltering 20% of your income from individual taxation, effectively reducing the tax rate. {Thank you!} This seems ideally suited for commercial property businesses, where there are not a lot of workers, but there is a lot of valuable property. Three guesses which very prominent “Republican” is in the commercial property business. Happy Holidays comrade!

  • Wasatch Al South Jordan, UT
    Dec. 23, 2017 12:57 p.m.

    Senator Lee, I thought you were the senator whose greatest goal in the senate was to reduce the national debt. It looks like you have changed your mind and support a budget-busting tax bill. So many republican senators and lobbyists were bought off in the backrooms, the deficit will grow more and more thanks to this ill-advised gift to the wealthy,

    Maybe we should look else for senators to represent Utah: Romney, Huntsman, Leavitt. We could do so much better.

  • Liberal On Planet Zion SLC, UT
    Dec. 23, 2017 12:45 p.m.

    Alum

    “really getting tired of the negative spin”

    Myself and family thank you for another tax break at your expense! When you possibly realize that you have once again been lied to by the Supreme Leader you can always scream “fake news” to the I.R.S! How many enablers on this forum wil be using the “private jet” deduction? How about the changes in the Estate Tax? Say good-bye to the option of itemizing deductions. If you live in a state with high income or property taxes, the deductions you lose will be significant. If you live in a place with very high real-estate values, you will lose part of your mortgage-interest deduction! “Pass-through” business income will get a big new break. If you’re a lawyer or another professional operating through a partnership, a sole proprietorship or an S-corporation, you can get a new deduction sheltering 20% of your income from individual taxation, effectively reducing the tax rate. {Thank you!} This seems ideally suited for commercial property businesses, where there are not a lot of workers, but there is a lot of valuable property. Three guesses which very prominent “Republican” is in the commercial property business. Happy Holidays comrade!

  • GaryO Virginia Beach, VA
    Dec. 23, 2017 12:44 p.m.

    Re: "Sen. Mike Lee: The tax bill will help, but don't take my word for it"

    Ha!

    No one with any sense accepts the word of a Republican politician.

    The Republican War on Truth is too well known.

  • Facts are friendly Sandy, UT
    Dec. 23, 2017 12:38 p.m.

    Not even liberals can repaint this gem. Heaven knows they are trying through 8 of the 9 major news sources on TV that they own, manage and write scripts for.

    Everyone will benefit. Deal with that!!!

  • Spoc Ogden, UT
    Dec. 23, 2017 12:31 p.m.

    By the way, the majority of investors in corporations are pension and retirement funds. The beneficiaries of the evil corporations making money are the 401 holders and retired school teachers and anyone else thrifty enough to have invested their savings and own stocks.

  • Spoc Ogden, UT
    Dec. 23, 2017 12:31 p.m.

    Generally, rich people are not stupid. (If they are, they wont be rich for long.)

    If they have more than they need, they are not like Scrooge McDuck with his vault of coins. They look for opportunities to invest that money. Those are the guys that are going to hire me. Yes, they earn money from my labors. But so do I and without their investment, I would not be making anything.

    They are going to invest it in whatever they see as the best opportunity. If the tax rate in this country is so high that it makes more sense to invest in China or Mexico or Europe, I will not get hired. So, lower business tax rates here will make it advantageous to do business here and I will get hired. Unless the open borders issue floods the country with more labor than can be absorbed and I would not be making anything.

    Oh and by the way, for those of you who see wage disparity as an issue, remember the law of supply and demand. If the supply of labor exceeds the demand, I have no bargaining power to determine my wages. But if there are more investors out there and fewer people to fill those positions, then wage disparity decreases.

  • weedeater Murray, UT
    Dec. 23, 2017 11:42 a.m.

    The same Mike "I. Will. Shut. This. Government. Down.!" Lee wrote this?

  • Ultra Bob Cottonwood Heights, UT
    Dec. 23, 2017 11:20 a.m.

    The very best advise a business politician could ever give to his people would be in the words "Don't take my word for it".

    In my lifetime, I do not recall ever hearing of a promise issued from a politician or businessman kept.

    Maybe just a couple of times, like on our last night on shore in San Diego , my shipmate and I decided to take advantage of a 1$ black and white photo to send home to our new wives. We took a blood oath to not waver and pay more. After about an hour of the most intense sales talk with beautiful girls, we walked out with a really good pictures and each only paid 1$.

    Over the years promises from businesses and governments are regularly ignored and people let the perpetrators go on without holding them accountable.

  • cool47 Saratoga Springs, UT
    Dec. 23, 2017 10:44 a.m.

    Senator Lee,

    Fair enough. We will see, as you suggest, in the coming year how good this tax bill is. I am not optimistic.

    For the GOP's sake it has to be good because if it isn't you guys are out. (my bet is the GOP will be out and you and your cohorts will be proven wrong).

    I will also be watching to see, should the bill not own up to the GOP hype, if you guys will own up to your mistake(s). Here I am not hopeful. You never have in the past.

  • Frozen Fractals Salt Lake City, UT
    Dec. 23, 2017 10:40 a.m.

    Well if you only look at it as "the vast majority of people will get some amount of a tax cut" it's hard to see any downside. And even going with "well this is extremely tilted to the rich" still leaves a "well you get a couple hundred dollars, see, you're benefitting" rebuttal.

    However, that's just looking at one side of the equation. We're increasing the deficit an average of 465 dollars per person per year with this tax cut (incidentally 465 is what the average per person tax cut would be if it were spread evenly... by dollar amount... to every man, woman, and child... most people will get less than that because the tax cuts are top-end loaded). Is the deficit increase worth it?

    What about Paul Ryan? He's talking about Medicare and Medicaid cuts as something to do next year. The GOP budget blueprint passed a couple months ago (which is the thing that had 1.5 trillion carved out in deficit space for the tax cut bill) also called for 1.5 trillion in cuts to Medicare and Medicaid. You know... to deal with the deficit. Tax cuts for the rich, benefit cuts to the poor and elderly.

  • Nate Pleasant Grove, UT
    Dec. 23, 2017 10:32 a.m.

    @Mike Lee "The only way to close the deficit is through economic growth and spending discipline."

    First, thank you for the tax cut. It is greatly appreciated, and I believe it will encourage economic growth.

    When do we get to see the spending discipline?

  • Daedalus, Stephen ARVADA, CO
    Dec. 23, 2017 10:23 a.m.

    Contrary to Lee's misrepresentations, no one is claiming that individuals will not see a reduction in their taxes. The concerns relate to the disproportionate benefits skewed to the wealthiest Americans...those who hired the top talent from K Street to write the bill for Republicans. And the tactical growth of the deficit and national debt as an excuse to reduce or eliminate Social Security and Medicare that we a have paid into beginning with our first jobs as teenagers.

    Given the sloppy rush job of this legislation, there inevitably will be non-trivial problems in the law that will need to be fixed. No, not fixing the structural problems that will make the law match the populist spin. Rather adjusting language to ensure the wealthiest of the wealthy get the full benefits they paid for and are expecting.

    No one should expect Democrats to throw these fools a life preserver in the form of bipartisanship cooperation before the 2018 mid-terms.

  • unrepentant progressive Bozeman, MT
    Dec. 23, 2017 10:16 a.m.

    Senator Lee makes the claim that according to a "centrist" analysis by the Brookings Institute the average taxpayer will see a $1600 reduction in their federal taxes.

    The average. You add up all the goodies going to the already wealthy, shake in a few bucks for the poor, and questionable benefits to the majority of us and you get $1600. trump will get millions upon millions, some Senators and Congressmen even more. Who knows what kind of millions will go to the Kochs, Waltons, Gates and Bezos clans? Those kinds of numbers skew the averages. We learn that in high school.

    So the "average" person or family won't see anything near the $1600 in tax reductions, and Senator Lee surely knows this.

    What does that say about him?

  • NoNamesAccepted St. George, UT
    Dec. 23, 2017 10:03 a.m.

    I saw an article yesterday in which the Australian treasury secretary said if his nation did not lower their corporate tax rate to compete with the USA, his nation could expect to see a loss of business activity as companies moved back to the US now that the US did not have the highest corporate tax rates in the world.

    I have no desire to hurt any nation. But such comments from a high ranking government official overseas is evidence to me that the corporate tax cut is likely to spur economic growth here at home.

    Many of the criticisms of the tax cut boil down to giving someone else a bigger tax cut than I got. Covetousness is a very ugly (and sinful) foundation for any political position.

    I'd like to see a perfectly flat federal income tax. Trying to soak the rich has lead too many of the poor and middle class to think someone else should pay the bills. I think everyone should have skin in the game.

    But either way, this bill is now law and I will enjoy keeping a little more of my money out of the hands of bureaucrats. I think I can better decide how to spend my money than can voters who demonstrably can't manage their own finances very well.

  • marxist Salt Lake City, UT
    Dec. 23, 2017 10:01 a.m.

    @BYUalum "Will the left and the media ever give credit where credit is due when it is overwhelmingly shown that people get more money in their pay checks as well as a booming economy as a result of this tax cut. "

    I certainly will. But I want more than this. I want the working class to have more security, higher pay, and a more secure retirement. Can the Republicans deliver on this? Highly doubtful. Do you think they can deliver? If so, why?

  • Utefan60 Salt Lake City, UT
    Dec. 23, 2017 10:00 a.m.

    This is one of the biggest tax frauds in American history. Lee can not cover for the dishonesty that this bill clearly perpetrates. Lee isn't being honest about this transfer of trillions to the already rich. Trump, Koch Brothers, Walton's and yes even Mitt Romney will benefit to the tune of millions of free givebacks. This money will not trickle down.

    Romney bad mouthed the "47% poor" at one time. I guarantee you the poor pay more in taxes as a percentage of their incomes than Romney does. The poor pay sales taxes, property taxes, car taxes, Social Security taxes, etc. The GOP loves to attack the poor, Social Security, Medicare and other programs that help seniors, the poor and needy.

    Let's see if Trump, Romney, Koch Brothers and the Waltons give any of their new free money back to the poor, needy, employment, educational facilities. The millions Mitt alone will reap sure would put some nice buildings up at the University of Utah.

    Mike Lee our deficit is going up and you just can't talk that one away.

  • LOU Montana Pueblo, CO
    Dec. 23, 2017 9:51 a.m.

    Help the rich, save the rich, tax breaks for the rich, bailout the rich, too rich to fail, the poor rich....

    Do you think the rich are as worried about you?

  • Utah Girl Chronicles Eagle Mountain, UT
    Dec. 23, 2017 9:47 a.m.

    The Tea Party and Mike Lee himself was founded and elected largely due to concern about the rising deficit and hatred of Obama.

    Move the clock ahead from 2009 and the deficit means nothing to fiscal conservatives like Mike Lee.

  • JWL Seattle, WA
    Dec. 23, 2017 9:46 a.m.

    Lee says "… I am not thrilled about the potential hit to the deficit. … The only way to close the deficit is through economic growth and spending discipline." In 2018 over 2/3rds of this GOP tax cut goes to the richest 20% of Americans and in 10 years, 83% goes to the top 1%. This is mostly about Lee & his fellow GOPers gifting their billionaire donors. Fellow GOP Senator Charles Grassley said that we need "… to reward those who don't spend their money on “booze or women or movies.” Mike Lee's "spending discipline" means that we need cuts to Medicare & Social Security; Paul Ryan has been more explicit about this.

  • EDM Castle Valley, Utah
    Dec. 23, 2017 9:42 a.m.

    Thank you for your comments, Sen. Mike Lee.

    My thoughts.....

    1. Withholdings are not the same thing as taxes. If I see a small bump in my paycheck because withhodings went down, I am not holding my breath until tax day.
    2. Even if I get a small break come tax day, it’s nothing compared to what the wealthy get. Not ONE SINGLE PERSON argues that this tax bill is proportionate; everyone knows that this is a massive tax cut for the super rich. No small tax break for me will placate my anger over this.
    3. Sen. Lee was elected on his word to cut the deficit, and he has just voted 180 degrees in the opposite direction.

  • Shaun Sandy, UT
    Dec. 23, 2017 9:40 a.m.

    The thing I dislike about this tax bill is the hope economics. Republicans hope this tax cut will spur enough growth that it will pay for it self.

    They also keep changing the rules on what is important. Even now the so called fiscal senator is more than willing to gamble and add debt. That is a complete 180 during the obama years.

    Last, republicans are going to now use the deficit, which they have caused as an excuse to cut Medicare and SS. These two programs are funded from a fica taxes which are paid by the lower 90 percent.

  • BYUalum South Jordan, UT
    Dec. 23, 2017 9:34 a.m.

    The title of this article makes one assume that the senator really didn't like this bill. In fact, he did and the conclusion was that in the end, time will tell that it was good for the American people.

    The real question is: Will the left and the media ever give credit where credit is due when it is overwhelmingly shown that people get more money in their pay checks as well as a booming economy as a result of this tax cut.

    I, for one, am really getting tired of the negative spin on our great President of the United States. Things are being turned around in this country for the better on many fronts.

    God bless America, and God bless President Trump! Merry Christmas!

  • Unreconstructed Reb Chantilly, VA
    Dec. 23, 2017 9:26 a.m.

    The Senator throws out some estimated figures for immediate savings under the new law while blithely ignoring criticisms about the middle and long-term effects. Contrary assessments are casually brushed aside as "political speculation."

    But lets be clear, Senator, there's a reason you and your colleagues rammed this through with no debate and no hearings from experts. You barely understood what was in it in desperation to create a legislative "win."

    Had you bothered to hold hearings, you would have heard experts criticizing this bill. You cite Brookings approvingly but clearly cherrypicked from the rest of its assessment by economists and tax experts. They call it " shoddy and regressive," "a disaster for equity in America," and "boon to the rich." And as you say, Brookings is centrist. And their assessments are shared by many, many others.

    If you'd really wanted a middle class tax cut, you could have designed one directly aimed at doing so. You didn't.

    We need to rework those commercials where for pennies a day you can sponsor a child in a poverty-stricken land. Instead of mournful, destitute children, we are entitled to see which One Percenters we're sponsoring.

  • byronbca Salt Lake City, UT
    Dec. 23, 2017 9:19 a.m.

    We are 37 years into this trickle down economics experiment, so far the best example we have as to it's efficacy is that the top 1% have increased their share of American wealth by 7% and the bottom 50% have lost 7% of theirs. These are real numbers anyone can look up.

    This new tax bill is designed to take from the poor and give to the rich. For example, I should be getting about $200 more back in my taxes thanks to this bill, but at the same time my insurance costs just went up $54 a month and because of this bill insurance costs are going to continue to rise.

    Call me crazy, but I would rather save a thousand dollars a year in insurance costs than get a extra $200 a year back on my taxes.

    I am so sick of Republicans like Mike Lee engineering laws that are are designed ensure the rich get richer at my expense.