Tax cuts impose a cost, whether it is in a reduction in current spending or an increase in long-term debt. So, as it turns out, they are not for small government or anti-spending; they would just rather have their children pay for a Republican spending binge than pay for it now themselves. To the Editor:I have never been a supporter of Senator Rand Paul, but on Thursday he delivered a principled speech in the Senate in which he accused his Republican colleagues of hypocrisy and duplicity. His stinging rhetoric reminded his colleagues that the majority of the Republicans in Congress are no longer fiscal conservatives. Here’s one: Increase the newly enacted corporate tax rate from 21 percent to 28 percent.
Source: New York Times February 09, 2018 21:22 UTC