And Republicans support it unequivocally. There isn’t one responsible, intelligent member of Congress among them.
“At the end of the day, Republicans revealed that their entire caucus is bereft of dignity, shame, honor, and any commitment to a single thing any of them have ever said in public about how laws should be made in the United States.
“Whatever adjustments Republicans made to pass the bill, the basics of this atrocity are pretty straightforward: It will permanently slash the corporate tax rate, even though American companies are swimming in record rivulets of cash profits. That rate may go up over time to satisfy the deficit hawks, but it will ultimately end up at a much lower endpoint than it’s at today. The bill will eliminate the inheritance tax, allowing denizens of Richistan to reproduce the Trump family dynamic of billionaire thieves passing their ill-gotten largesse in gigantic lump sums to their own shiftless children. To pay for this pointless handout to people with third homes in Jackson Hole, Republicans also eliminated or reduced a series of popular tax deductions and incentives almost exclusively for people that voted against them. The tax code has been weaponized.”