When the 2018 midterms come around, I will have voted for the GOP to “Make America Great Again” only to get this lousy corporate tax cut for the donor class:
TENTATIVE GOP TAX DEAL, per two sources
—Top individual rate cut to 37%
—Corporate tax rate cut to 21%
—SALT exemption up to $10k for property/income
—Mortgage deduction cap $750k for new homes
—Estate tax exemption doubled (no repeal)
— Sahil Kapur (@sahilkapur) December 13, 2017
Jamie Dimon, CEO of JPMorgan Chase, says it will create jobs though. This is the definitive proof that the Republican Party isn’t going to be reformed and only caters to wealthy interests. The Tea Party tried to reform it. Donald Trump tried to reform it. Steve Bannon tried to reform it. And yet, it has remained in essence a country club party that exploits White working class anger over the racial and cultural decline of our country to advance a disgusting neoliberal economic agenda.
Note: I suppose today is a good day to officially kick off OD’s coverage of the 2018 midterm elections. I’ve really been doing it for several weeks now though.