General Discussion
In reply to the discussion: Roll back the Bush and trump tax cuts. [View all]Picaro
(1,860 posts)We have a winner. The solution to almost every problem we're currently experiencing in terms of the federal budget is get rid of the Bush and Trump tax cuts. They were grossly irresponsible at the time and, in the case of the Trump tax cuts, were allowed to be considered under reconciliation so they could pass with only 51 votes. They should not have been eligible for reconciliation.
But McConnell was able to co-opt the OMB to issue some very rosy financial predictions that turned out to be complete hogwash. This bill should have been subject to the filibuster, but McConnell, was able to corrupt the process and ram the bill through.
He knew undoing it was going to be a really heavy lift.
As a country we need to raise the tax rates on corporations and the 1%. Anyone that shrieks about the national debt and isn't looking at the revenue side is dishonest and is pursuing a hidden agenda.