Jeff Flake

GOP resorts to lying about its tax bill (part two)

by

Economist and New York Times columnist Paul Krugman hascbeen on fire the past couple of weeks exposing the lies of the GOP tax bills. Last week he wrote, Everybody Hates the Trump Tax Plan and blogged Days of Greed and Desperation (excerpt):

The House tax bill is wildly regressive; the Senate bill actually raises taxes on most families, while including a special tax break for private planes. In effect, the GOP is giving middle-class Americans a giant middle finger. What’s going on?

A large part of the answer, I’d suggest, is that many Republicans now see themselves and/or their party in such dire straits that they’re no longer even trying to improve their future electoral position; instead, it’s all about grabbing as much for their big donors while they still can. Freedom’s just another word for nothing left to lose; in the GOP’s case, that means the freedom to be the party of, by, and for oligarchs they always wanted to be.

* * *

So their incentive is to stuff everything the donors want, no matter how outrageous — tax hikes on most of the population, tax breaks on private planes — through the sausage grinder right now.

I have to admit, I didn’t see this coming. And there’s a pretty good chance that this desperate grab will fail — remember, it only takes three Republican Senators with a shred of principle. But that’s where we are.

Read more

House passes GOP ‘tax cuts for corporations and Plutocrats’ bill – last line of defense is the Senate

by

The GOP “tax cuts for corporations and Plutocrats” bill is deeply unpopular with the American people. The most recent Quinnipiac University poll found:

Asked about the tax plan, the numbers for President Trump were bleak. While a third of Americans approved of his handling of taxes, only a quarter approved of the Republican proposal. That includes only 60 percent of Republicans.

Screen Shot 2017-11-16 at 1.51.23 PM

Despite being deeply unpopular, the House Tea-Publicans today passed the GOP  “tax cuts for corporations and Plutocrats” bill on a largely party-line vote of 227-205, with all Democrats unified in opposition and only 13 Republicans voting against the measure. Roll call vote.

Arizona’s Congressional delegation voted: AYE: Biggs, Franks, Gosar, McSally, Schweikert; NAY: Gallego, Grijalva, O’Halleran, Sinema.

Those members voting in favor of this bill should be defeated next year. Democrats must run credible candidates against each of them. No seat should go uncontested next year.

Read more

Action Alert: Time to kill the evil GOP bastards’ ‘tax cuts for corporations and Putocrats’ bill

by

Senate Finance Committee Chairman Orrin Hatch released the revisions to the Senate tax plan Tuesday night. The new version sunsets most of the individual tax provisions after 2025, but makes the lower corporate tax rate permanent. Senate GOP changes tax bill to add Obamacare mandate repeal, make individual income cuts expire:

Senate Republicans announced that the individual tax cuts in the plan would be made temporary, expiring at the end of 2025 to comply with Senate rules limiting the impact of legislation on the long-term deficit [by making the individual income tax cuts temporary, Senate leaders are seeking to ensure that the bill does not violate the chamber’s Byrd Rule that prohibits legislation passed with fewer than 60 votes from raising the deficit after 10 years]. A corporate tax cut, reducing the rate from 35 to 20 percent, would be left permanent.

Oh, and it also repeals the Affordable Care Act’s individual mandate.

This would result in 13 million fewer people having health insurance, according to projections from the nonpartisan Congressional Budget Office.

The CBO has also projected that repealing the individual mandate would drive up insurance premiums for many Americans by roughly 10 percent.

As Axios.com says:

Remember “skinny repeal”? The repeal bill that all but three Senate Republicans voted for on the express condition that it not become law? Because, as Sen. Lindsey Graham put it, “the skinny bill as policy is a disaster”? The policy is basically the same this time around.

  • “Skinny repeal” would have done more than just end the individual mandate, but that was its biggest change, and the one that made it a “disaster” for insurance markets. Any vehicle that repeals the individual mandate, without a replacement, will cause premiums to rise and leave millions more Americans uninsured.
  • That said, none of the three senators who killed skinny repeal — Susan Collins, John McCain or Lisa Murkowski — has said repealing the individual mandate would be a deal-breaker for their tax votes.

Why now? The savings. Repealing the mandate would save the government roughly $340 billion over a decade, and Republicans need that money to help offset the lost revenues from $1.5 trillion in tax cuts.

  • As CBO reminded lawmakers yesterday, if the tax bill does end up adding $1.5 trillion to the deficit, automatic cuts would kick in — including $25 billion from Medicare. Some Republicans have also said they won’t vote for a tax bill that adds to the deficit, making the search for spending cuts especially important.

Read more

Lawrence Summers on the fraud that is the GOP tax plan

by

It is dishearening to read headlines in the New York Times from good reporters like Carl Huse like this: Paul Ryan Puts It All on the Line in Tax Fight:

The new Republican tax proposal is arguably the pinnacle of Paul D. Ryan’s legislative career, the culmination of years spent in the wonky trenches of conservative think tanks and esoteric congressional budget and tax debates.

I’m sorry, but no. Perpetuating this myth of wonkishness is unforgiveably wrong.

Economist and Times columnist Paul Krugman identifed the GOP’s alleged boy genius and Ayn Rand fan boy, Paul Ryan, “the zombie-eyed granny starver from the state of Wisconsin” as an inellectual fraud and the GOP’s flimflam man more than 7 years ago.

Krugman recently wrote, Donald Trump, Paul Ryan and the Con Man Caucus:

It really is amazing to watch this chaotic horror show play out at the highest levels of a great nation’s government. But I guess this is what you have to expect when you hand over the reins of power to a con man, whose whole career has been based on convincing naïve marks that he’s a brilliant deal maker, but turns out to have no idea how to actually govern.

Oh, wait — did you think I was talking about Donald Trump? I’m talking about Paul Ryan, the speaker of the House, an obvious phony who nonetheless convinced the rubes — that is, much of the news media and the political establishment — that he was a brilliant fiscal expert. What we’re witnessing now is the end of the charade, the political equivalent of what happened when graduates of Trump University tried to get some value in return for their money.

On Thursday, House Republicans unveiled a tax “reform” bill with the same good order and careful deliberation with which they unveiled their various attempts to repeal Obamacare. That is, after having had years to prepare, the G.O.P. waited until the last minute to throw something together, without any hearings or serious analysis.

Budget wonks are frantically going through the legislative language, trying to figure out what it means and what it would do — but they can take some comfort in the fact that the bill’s authors are almost equally in the dark.

Read more

Open Letter to Senators Flake and McCain

by

Cross-posted from RestoreReason.com.

Dear Senators Flake and McCain,

First of all, let me thank you for your service to our state and our country. I realize your job is not an easy one, but hope you understand this is also not an easy time to be an engaged patriot. Millions of us are incredibly anxious about the future of our country and our world. At this time, more than almost anytime in my adult life, we need real leadership.

As a school board member, I am really worried about President Trump’s and his SecED nominee’s intentions with K–12 education. He thinks our nation’s current education system is “flush with cash” and that our children are “deprived of all knowledge.” For Arizona at least, both of these statements are ridiculous. Our per pupil funding is 48th in the nation and our teachers the 47th lowest paid. Even so, our student’s National Assessment of Educational Progress (NAEP) scores continue to rise and we led the nation in growth on the science test from 2009 to 2015.

Read more