Never mind the myriad scandals of the Trump Administration. This one is at the top of the list, in my opinion : the mythical tax bill that Republicans are working on. (Boost the economy to 4% growth, raise wages, pay for the deficit .. the delusions are many). The House of Representatives will vote on their proposition of a massive tax-cut bill tomorrow. The losses in revenue will add some $1.5 trillion to the national debt, and slash taxes for corporations and the rich, with little benefit to middle-class working people. In fact, it will raise taxes for many. But that’s not all: to pay for part of it, the law will take health-care benefits away from an estimated 13 million Americans.
In other news today, Treasury Secretary Mnuchin showed off the first dollar bills with his signature on. Yay.
