Sunday, July 02, 2017

When Tax Cuts Are Bad?

Why some Republicans are now abandoning the tax cut mantra:
With the federal deficit growing and economic growth sputtering along in the low single digits, the Republican Party is facing questions from within over what many see as a blind faith in the theory that deep tax cuts are the shot of economic adrenaline a languid economy needs.

“Tax cuts — good. And that’s about as much thinking that goes into it,” said Chris Buskirk, a radio host and publisher of American Greatness, a conservative online journal. Now, he said, Republicans in Washington seem to be in an arms race to the lowest rates possible.

“Everybody is trying to overbid each other,” Mr. Buskirk said. “How much more can we cut?”
When does not enough become too much?

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Senate Smackdown

He's mad as hell, and he's not gonna take this anymore: