The Republican “tax reform” plan is now public. The details, such as they are, appear throughout the media, so I won’t repeat them here.
My point isn’t so much about the terrible concepts underlying the plan as it is about the way, yet again, that the Republicans have chosen to go about the business of legislating. They created this “plan” on their own and intend, it seems, to mark it up and force it through the Congress without hearings or other meaningful opportunities for input, except, or course by the lobbyists for the large corporations and the very rich.
That is not to say that reductions in the corporate tax rate are a bad idea; frankly, I am not sure about that, except to say that the claims of massive economic growth and production of new jobs are ludicrously overstated.
No, the point I struggle to make is that this is a really bad way to legislate on any matter of great public importance, of which the country’s revenue-raising system surely is a classic example. It seems that the Republican leadership is more concerned with delivering a “victory” to their failing president than they are about anything else. In doing so, they are turning their backs on Republican fiscal responsibility doctrine, thereby making complete their surrender to the chaos politics of their chosen leader.
Here is a relevant portion of the 2016 Republican Platform on which Donald Trump was ostensibly elected:
Our Tax Principles
To ensure that past abuses will not be repeated, we assert these fundamental principles. We oppose retroactive taxation. We condemn attempts by activist judges at any level of government to seize the power of the purse from the people’s elected representatives by ordering higher taxes. [???]
We oppose tax policies that deliberately divide Americans or promote class warfare. Because of the vital role of religious organizations, charities, and fraternal benevolent societies in fostering generosity and patriotism, they should not be subject to taxation and donations to them should remain deductible. To guard against hypertaxation of the American people in any restructuring of the federal tax system, any value added tax or national sales tax must be tied to the simultaneous repeal of the Sixteenth Amendment, which established the federal income tax….
The huge increase in the national debt demanded by and incurred during the current Administration has placed a significant burden on future generations. We must impose firm caps on future debt, accelerate the repayment of the trillions we now owe in order to reaffirm our principles of responsible and limited government, and remove the burdens we are placing on future generations.
You don’t need a PhD in the dismal science [economics, for the blessedly unacquainted] to see that those principles are going to be sacrificed by a tax regime that increases the deficit by something in the neighborhood of $1.5 trillion.
Someone once said that desperate times require desperate measures. However, the economy is growing robustly and there is no known rationale for a massive deficit-based stimulus.
In any case, I digress. All these arguments can be debated but not without actually having a debate. The Republicans are set upon a course that replicates their multiple failed attempts to eviscerate the health care insurance marketplace. No hearings, no public input, just an ideologically driven attempt to remake the country in the image of Donald Trump. The Republican tax plan is not going to do much, if anything, for the vast majority of Trump’s acolytes, but they seem unaware and uncaring. The cult of personality trumps (sorry) everything for them.
There is, however, an opportunity coming up in 2018 for the country to save itself from the demagoguery of this administration and its congressional enablers by returning control of the House of Representatives to the Democrats. That chance depends upon, among other things, whether the Democrats can stop bickering long enough to vote. And, of course, there is the slow burning fuse of investigations by Special Prosecutor Mueller, drawing ever closer to the center. The only question is whether it will be in time. Tick tick tick ….