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Conservatives are seriously f%&¥#* by Trump September 13, 2017

Posted by hslu in Congress, 美國, Democracy, Economics, Election, Health Insurance, Military, Obamacare, Politics, Trump, US Government.
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Trump pushed Mitch and Paul under the Chuck-Nancy bus and, with a sneer on his face, folded his arms and declared that he was the boss whether they liked it or not.

All the sudden, thanks to Trump’s betrayal, Republicans was royally f%&¥#* from behind, couldn’t utter a word of rejection and lost all chips on the table to deal with the Democrats.

Trump ran as a Republican not because he was one but because it was convenient for him. He couldn’t run as a Democrat against Hillary because she was favored to win the election before the electiin got started. Don’t forget Trump gave Schumer a lot of money over the years too.
As for tax reform, Democrats will push for no tax breaks for the top 10% and any tax cut has to be revenue neutral. Corporate tax reform (e.g., decrease corporate tax rate to 15% level) will face an uphill battle too because the current personal tax rate is higher than the proposed corporate tax rate. If the new corporate tax rate is indeed lower after the reform, people will form corporates and report their incomes as a corporate instead of a person.

Besides, revenue neutral under any scenario is almost impossible considering all the welfare obligations of the federal government. On top of that, defense spending increae sought by Trump and Republicans, Trump’s beautiful wall, hurricane relief fundings and more troops to Afghanistan are hot items on Democrat’s rejection list. The fact that Republican can’t get 60 votes on Senate for any subject spells trouble for Republican’s effort before it begins.

No tax reform legislature this year. Repeal and replace Obamacare is almost dead after seven years. If the Republican can get tax reform early next year, look for a new speaker in the house and a new majority leader in the Senate after 2018 mid term election.

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