“What this is all about is nothing more than the Republican party very generously rewarding their wealthy campaign contributors,” he said. Government is not there for you.”The legislation, which has now been merged to form a single version from earlier Senate and House bills, marks the most substantial redrawing of taxation in America since Ronald Reagan’s 1986 tax cuts. Sanders’ claim that the tax cuts are a thinly disguised reward to billionaire extreme rightwing donors is supported by the statements of some Republican politicians themselves. The Koch network has thrown its muscle behind the tax cuts this year. Sanders said the tax cuts were particularly punishing for those working Americans who had voted for Trump last November partly on the expectation that his promised tax cuts would ease their financial burdens.

Source: The Guardian December 16, 2017 10:52 UTC