Trump promises new mystery tax cuts no one else in DC or his admin are aware of
7 replies, posted
https://www.politico.com/story/2018/10/22/trump-new-tax-cut-midterms-925383
Call it the mystery middle class tax cut. In recent days President Donald Trump has twice promised a new “major tax cut” ahead of the November midterm elections, mystifying White
House officials, congressional leaders, and tax wonks around town who mostly have no idea what he’s talking about.
The pledge — which Trump repeated Monday afternoon — came as news to House and Senate lawmakers, who’ve already returned to their home states to campaign for the elections
and have no plans to consider new legislation before then.
White House officials spent the day trying to decode what Trump meant because no one knew the substance of any such tax cut, or had seen any policy proposal related to it. Aides
were left wondering what Trump had read in newspaper clippings, or seen on Twitter, to inspire this grand promise from his rally podium.
One senior administration official on Sunday night had not even heard about the president’s tax cut remark on Saturday in Nevada and said they had no idea what he was talking about.
“I guess I’ll hear about it when I get to work on Monday,” the official said. Trump said that House Speaker Paul Ryan was involved in crafting the plan. But Ryan’s office shed no light,
referring questions back to the White House.
The GOP is already scrambling to avoid criticism for the ballooning debt and deficit under Trump’s watch. The president’s own Treasury Department reported last week that the deficit
hit $779 billion in the 2018 fiscal year, the highest level since 2012, following the GOP tax cut bill and a massive spending increase in Congress. Jason Furman, who served as chair of
the Council of Economic Advisers under President Barack Obama suggested a 10 percent middle class tax cut would cost roughly $2 trillion over ten years.
One potential clue to Trump’s thinking: Sen. Kamala Harris (D-Calif.) released a tax proposal aimed at the middle class late last week. Some Republicans close to the White House
speculated that Trump is trying to one-up his potential 2020 presidential rival. Regardless of the origin of the president’s comments, they nonetheless set off a scramble in official
Washington to de-code his exact meaning.
And for Republicans making the final sprint to the midterms, Trump talking about tax cuts – even fanciful ones with no chance of happening – is better than Trump talking about much
of anything else.
“It’s not a serious proposal. It wasn’t kicked around a whole lot, he just tossed it out there,” said one conservative lobbyist with close ties to GOP leaders on the Hill. “Nobody is taking it
seriously, but we’d rather have him talking about tax cuts than some of the crazy stuff he usually talks about.”
I was going to post this the other day and forgot. This dude genuinely just has no idea how government functions at the most basic level.
I hope he goes off his fucking nut someday and start screaming about killing all the Mexicans and wanting to nuke Iran.
Even then, his approval rating might just improve again.
Trump threatens to nuke Iran in 72 hours. His approval rating drops from 45% to 42%.
Three days later, missiles start landing in Mexico. His approval rating rebounds to 43%.
I mean he already directly said that there were "Middle Easterns" in the Honduran caravan.
literally just making it up as he goes along. there's absolutely nothing he can pass right now both the senate and house have adjourned till after the midterms.
So basically:
https://www.youtube.com/watch?v=TByjOg3jsKI
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