United States of Insanity
by Tom Sullivan
If this isn't a trial balloon, Republicans on the Hill really are desperate, aren't they?
The Republicans on the House Ways and Means Committee — engaged in a high-pressure, high-stakes tax policy rewrite — are currently exploring not cutting the income tax rate for people who earn $1 million or more per year.Axios reports that now they're thinking of cutting rates for those making (as opposed to earning) between $418,000 and $999,999. Those above $1 million will remain taxed at the current 39.6 percent to help offset the deficits expected from lowering rates for corporations and the middle class.
Potential blowback: If the Committee Republicans ultimately decide not to cut the income tax rate for million-dollar-earners, much of the Republican donor class and Reaganomics community (including anti-tax activist Grover Norquist) will feel betrayed.Crimea river.
"I understand compromise, but why compromise with the sin of envy?" Norquist told us. "This isn't the dumbest idea I have ever heard of. But it is in the top 20."Tolerating sexual assault and threatening to nuke whole countries is one thing (okay, two things). But envy? What has this world come to?
What number is that in the top 20?EXCLUSIVE: US Preparing to Put Nuclear Bombers Back on 24-Hour Alert https://t.co/j3kTe0r7J9 pic.twitter.com/G4FrOBmGGZ
— Marcus Weisgerber (@MarcusReports) October 22, 2017
"... my faith in the goodness of this country, in the values of this country, in the human dignity of this country is stronger now than ever before."May yours be, too.