According to conservative legend, Reagan’s massive first-term tax cuts led to his 49-state landslide victory in 1984. Most Republicans are just as certain that Bush’s backing off that pledge finished his political career four years later. And yet most Americans oppose the “big, beautiful” tax cuts President Trump and his GOP Congress are pushing through the Senate. (Meg Kelly/The Washington Post)Now the same conservatives who promised voters they would never again be as reckless as they were under Bush are repeating the same old cycle of big tax cuts, big spending increases and no fiscal restraint. This is another Republican tax plan that helps the rich, hurts the poor, increases inequality and blows a hole in the debt.

Source: Washington Post November 24, 2017 01:32 UTC