It’s another day in America, and the president has been awake since four a.m. insulting the American press and foreign leaders on Twitter. It is a truly bizarre time to be alive.
Trump’s tax bill, his new pet project after failing to “repeal and replace Obamacare on day one,” is wildly unpopular among nearly every economist in the U.S. Summarizing those findings in a piece entitled “It Started As A Tax Cut,” The New York Times went trending on Twitter with the bad news for Trump and the GOP
‘Economists and tax experts are overwhelmingly skeptical that the bills in the House and Senate can generate meaningful job growth and economic expansion. Many view the legislation not as a product of genuine deliberation, but as a transfer of wealth to corporations and affluent individuals — both generous purveyors of campaign contributions. By 2027, people making $40,000 to $50,000 would pay a combined $5.3 billion more in taxes.’
Fox & Friends, the early morning favorite among the MAGA crowd, spewed the president’s assigned rhetoric while Trump, who never has time to watch TV because he’s busy “reading documents,” tweeted his rage over legitimate journalists giving accurate reports about his policies. Trump has insisted numerous times that in a contest for fake news journalism, only Fox News would escape scrutiny. The mission of these fake news publications, according to Trump, is to back Democrats and smear all his good work, while Fox News is fair and accurate.
He must have missed the Fox News analysis that wasn’t mentioned on Fox & Friends.
‘The tax hikes that would hit single parents and large families would result from Trump’s plan to eliminate the personal exemption and the head-of-household filing status. These features of the tax code have enabled many Americans to reduce their taxable income.
‘His other proposed tax changes would benefit middle- and lower-income Americans. But they wouldn’t be enough to offset those modifications.’
No matter how hard Trump and the GOP tries to sell this bill, it is a disaster for most Americans, and that isn’t because independent economic analysts are out to get him.
It’s just a bad bill by a terrible and inept president.
Twitter sounded off with their thoughts on Trump’s tax bill and his foreign policy of grade school bully nicknames that makes diplomacy sound like an antiquated concept. Some of the best responses can be seen below.
Featured image via Getty/Bloomberg