2017-11-18usatoday.com

``... the overall design contains fundamental flaws, economically and politically. Basically, it's a huge tax cut for corporations and the owners of some small businesses, sneaking in under the cover of an overhyped cut for the middle class... Disappointingly and frustratingly, there was a better blueprint available. The Simpson-Bowles commission, appointed and ignored by former president Barack Obama, developed a plan that reduced both the corporate and individual top tax rate to below 30% while producing more money for the federal government to actually reduce the annual deficit and stabilize the country's sovereign debt.'' -- This piece makes good points, though it has the usual right-wing blindness of ignoring social security, payroll and self-employment taxes when it asserts the middle class "pays virtually no taxes" (by contrast, others similarly-situated, e.g. David Stockman, are more fair and comprehensive in their analysis)...



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