With everyone’s attention seemingly focused on the circus surrounding Brett Kavanaugh’s confirmation, GOP House members were busy passing Tax Reform 2.0. On Friday, House Republicans, joined by three Democrats, passed the bill by a vote of 220-191. The legislation, should it pass the Senate (which will be a tall order), makes permanent the tax cuts established by last year’s Tax Cuts and Jobs Act.
As usual, Democrats came out complaining that the legislation favored the rich. House Minority Leader Nancy Pelosi (D-CA) lamented, “The GOP’s priorities have been laid bare. How can we milk the public, exploit the taxpayer by adding to the wealth of the wealthiest 1%?”
Ironically, it has been Democrats who are most guilty in seeking to carve out tax breaks for the wealthy.