They are reordering large parts of the American economy on the fly with little forethought and virtually no debate. Moreover, this tax monstrosity is so filled with gimmicks, carve-outs and penalties for various sectors of our economy that its impact will be far greater than the Republican tax cuts of the 1980s and early 2000s. Those voting for it have given little thought to how it will affect many sectors of American life. This, in turn, could lead to interest rate increases that will dampen whatever positive effects the tax cuts in the bill (many of them temporary) will have on growth. Ah, but these states are Democratic, so Republicans are happy to abuse their power to take a shot at their partisan opponents.

Source: Washington Post December 01, 2017 19:52 UTC