GOP strategist flays Republican tax plan: "this is a tax increase, not a tax cut"

GOP strategist flays Republican tax plan: ‘Anyone who thinks this will trickle down has staggering ignorance’


Republican strategist Steve Schmidt on Thursday blasted his party for pushing a tax plan that he said will do little to help the working class while providing huge cuts for the wealthy and large corporations.

During a discussion about the GOP tax plan on MSNBC, host Stephanie Ruhle noted that the White House had promised for 168 days to give her an interview on tax reform.

“There are corporations that are almost embarrassed about this, saying, ‘Man, we didn’t ask for a gift this big,'” Ruhle observed.

Schmidt pointed out that the GOP tax plan “has an approval rating in the mid-20s.”

“Generally speaking, when you are heading into an election, the things you pass, you want them to be popular,” he continued. “If you look at the battleground for control of the Congress, there are Republican seats in the state of New York, Republican seats in the state of California. This is going to make it more difficult for Republicans to hold those seats because, in those states, this is a tax increase, not a tax cut.”


https://www.rawstory.com/2017/12/gop-strategist-flays-republican-tax-plan-anyone-who-thinks-this-will-trickle-down-has-staggering-ignorance/