Bruce Bartlett On Tax Plan: Why Aren't People Marching In The Streets?
Joy Reid kicked off this segment today with a bit of pointed snark.
"Paul Ryan inched closer to his long time dream of reshaping the federal government in the image of an Ayn Rand novel. It was the House's most significant vote since the Obamacare repeal in May, which ultimately failed in Senate," she said.
Reid reminded viewers that the tax plan "is taking money from the poor to give to the richest."
"Joining me is Bruce Bartlett. (Bartlett was one of Ronald Reagan's supply-side economic advisers.) Bruce, we were on Lawrence O'Donnell's show the other night when he said this was the most draconian tax increase on ordinary Americans and the biggest tax cut on the rich ever in history. Do you agree with that assessment?"
"That's exactly correct. Certainly there have been large tax increases on everyday Americans, especially during World War II," he said.
"But at the same time taxes were increased even more on the wealthy. There's never been a tax cut in American history in which taxes were raised on the poor to benefit the wealthy. In fact, I don't know of any other country that has done anything remotely like this," he said.
http://crooksandliars.com/2017/11/bruce-bartlett-tax-plan-why-arent-people
The average American cannot understand the world of hurt coming their way under this tax plan. Hence, no street demonstrations.
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