I would describe this tax debacle as a powerful punch to the gut of the middle class, consequently, this is what Republicans call draining the swamp. And don’t forget, that our taxes will be done on a postcard, notwithstanding that the bill will be deficit neutral, which is untrue, given that it adds 1.47 trillion dollars to the deficit. Also, the bill was suppose to have seven tax brackets, but instead it has four, not to mention, that there is no carried interest provided.
The truth of it is, that being in the middle class and actually paying your mortgage for twenty or thirty years, used to be a “red badge of courage,” and something to hang your hat on, thus it was honorable. Instead, we’re going to get the bill for the wealthy, and trust-fund babies, who will never know what it’s like to make a mortgage payment, or have a real job that wasn’t garnered by daddy. What a farce, but even more, how sad for them. I recall my mother and father paying off their VA loan on their home on Linwood and Lexington, and how proud they were that they went through the rigors of home ownership. Consequently, I knew just how they felt: Relief and Pride.
The gift that keeps on giving, is the bill in its current form, is terribly unpopular, when asked if the tax bill will benefit the wealthy, or the middle class, the answer of course is the wealthy. Roughly 6 in 10 think the tax bill will make families worst off than they are right now. Nearly 2/3 believe the tax plan will be better for Trump, and his benefactors. Therefore the plan is seen as a tax cut for the rich. 57 percent of the people disapprove of how Trump has handled this issue, and just 1 in 3 approve. Not surprising, 73 percent of those polled think that Trump should release his tax returns.
Now, many of you might say, Mike is furious, but I say, not at all. Just like going to war, the rich seldom do their part, as the middle class and poor carry the day, so I say we are in good hands. We’ll take care of the heavy lifting, and you can go to the spa, because having hard feelings isn’t how we roll.
Any bill that comes out of Congress should reflect the values of the Country at large. Therefore, Congress didn’t renew funding for the CHIP Program, and for those who don’t know what CHIP is, it’s Children’s Health Insurance Program. Between 9 and 13 million children across the country are now in health coverage jeopardy. Wealthy Americans are getting a big tax break for Christmas, but not providing insurance for these children, which is intolerable and unconscionable. Republicans like to make us feel that they are living the Sermon on the Mount, which is an absurdity of great proportion. The test of our progress is not whether we add more of the abundance to those that have much, it is whether we provide enough for those that have too little.
Michael R. Olson,