Duh. I'm glad other smart people besides us good guys on this board see this. Side point, and I've said this before, Nancy Pelosi has no idea where she is and what she is saying.
The tax cuts President Trump signed into law last December are generally unpopular. But what if there was a chance they’d get repealed? Odds are, they’d suddenly become more popular.
This is the conundrum Democrats face this year as they plot to retake control of the House of Representatives, and possibly the Senate. They have two natural advantages. First, the president’s party typically loses seats in midterm elections. And second, President Trump is the most controversial president in decades, besieged by scandals ranging from porn-star hush money to self-dealing Cabinet members such as the EPA’s Scott Pruitt.
But Democrats might easily bungle these advantages, and their approach to the Trump tax cuts helps explain why. Democrats have maligned the tax cuts as a giveaway to the rich, and suggested they’d vote to repeal some of them if they take control of Congress. Only one problem: That sounds like they’re in favor of raising taxes, which come to think of it, isn’t a great campaign pitch. “There have been mixed messages coming from Democratic officials, on the question of whether they’re looking to increase federal revenue or not,” says Scott Greenberg of the nonprofit Tax Foundation.
In a recent interview with Politico, for instance, Democratic lightning rod Nancy Pelosi, the House Minority Leader, said reports that she wants to roll back the Trump tax cuts are “accurate.” Conservative social-media accounts erupted with outrage, claiming the whole Democratic plan is to gain control of Congress and hike everybody’s taxes. So the next day, Pelosi clarified, saying all she really wants to do is “rebalance the tax code to put the middle class first.”
https://finance.yahoo.com/news/democrats-no-answer-trump-tax-cuts-171540438.html
The tax cuts President Trump signed into law last December are generally unpopular. But what if there was a chance they’d get repealed? Odds are, they’d suddenly become more popular.
This is the conundrum Democrats face this year as they plot to retake control of the House of Representatives, and possibly the Senate. They have two natural advantages. First, the president’s party typically loses seats in midterm elections. And second, President Trump is the most controversial president in decades, besieged by scandals ranging from porn-star hush money to self-dealing Cabinet members such as the EPA’s Scott Pruitt.
But Democrats might easily bungle these advantages, and their approach to the Trump tax cuts helps explain why. Democrats have maligned the tax cuts as a giveaway to the rich, and suggested they’d vote to repeal some of them if they take control of Congress. Only one problem: That sounds like they’re in favor of raising taxes, which come to think of it, isn’t a great campaign pitch. “There have been mixed messages coming from Democratic officials, on the question of whether they’re looking to increase federal revenue or not,” says Scott Greenberg of the nonprofit Tax Foundation.
In a recent interview with Politico, for instance, Democratic lightning rod Nancy Pelosi, the House Minority Leader, said reports that she wants to roll back the Trump tax cuts are “accurate.” Conservative social-media accounts erupted with outrage, claiming the whole Democratic plan is to gain control of Congress and hike everybody’s taxes. So the next day, Pelosi clarified, saying all she really wants to do is “rebalance the tax code to put the middle class first.”
https://finance.yahoo.com/news/democrats-no-answer-trump-tax-cuts-171540438.html
