There’s a good chance that the Republican majorities in both chambers of Congress will sooner or later pass some tax bill or another, and a certainty that President Donald Trump will make a big show of signing whatever they might come up with, but at the the moment it seems likely to prove a pyrrhic victory. All of the tax bills that are under consideration are currently polling even worse than all the repeal-and-replace-Obamacare bills that never got passed, the inevitable devils in the details spell trouble for those Republican representatives in the Democratic states, and they way that Trump and the rest of the Republicans are going about it are also problematic.
Despite all the desperate Republican attempts to deny it, there’s really no denying that all of the potential bills really do amount to that hated huge tax cut for the rich that Democrats are always accusing of them of seeking, which largely explains the bad poll numbers. As old-fashioned Republicans we’re sympathetic to the case that the rich shoulder an unfair share of tax burden and that allowing them to spend some greater amount of of their mostly hard-earned money on private sector investments, but these newfangled sorts of Republicans are ill-suited to making that case. Trump claims he’s going to take a huge hit on his taxes with any of the Republican bills, but he’s the first president in decades who hasn’t made his tax returns publicly available to prove such claims, and according to all the polls most Americans don’t believe him when he says “believe me.”
Trump also likes to brag about how well the American economy is doing since his inauguration, which undercuts the argument President Ronald Reagan persuasively used to sell the even bigger tax cut for the rich that rescued the economy from the stagflation of the ’70s, and he doesn’t seem to have the same Reagan-esque understanding of the complex theory to explain it to the American public. Even such old-fashioned Republicans as House Speaker Paul Ryan and Senate majority leader Mitch McConnell seem incapable of making the time-honored arguments for a low-taxed and lightly-regulated economy, and seem to prefer desperate arguments denying that there really is a big tax cut for the rich involved. The Republicans still have a strong case for a significant cut in the world’s highest corporate tax rate, which still figures prominently in all the still viable bills, but the Democrats can rightly note that the only corporations who actually pay that rate have very bad accountants, and what with all those corporations doing so well under Trump’s leadership it’s a harder sell to the general public.
Almost all of those still-viable Republican bills would also eliminate a longstanding federal tax deduction for state and local taxes, which will wind up meaning a tax increase for many middle-and-upper-class Republican voters who find themselves residing in a high-tax Democratic state, and since those voters tend to reside in certain upper-crust Republican districts in those Democratic states that can’t help the Grand Old Party’s chances of keeping its narrow majorities in Congress. Upper-crust Republicans are already uncomfortable with the party’s recent populist turn, and if they’re going to be betrayed by their party even on such hard-core convictions as tax cuts that’s bound to a problem.
There are valid Republican arguments to be made against all of those still-viable bills, too, and Republicans being such cussedly hard-to-herd contrarians many of them are making those arguments. Some of the last die-hard deficit hawks are objecting the to projected and pretty much undeniable increases in the national debt, God bless ’em, those Republican members from those upper-crust districts in otherwise Democratic states are of course speaking out. in the Senate that nice lady from Maine has her usual liberal-leaning objections and that staunch fellow from Kentucky is suggesting none of the still-viable alternatives are nearly conservative enough, and the Republicans might yet snatch defeat from the jaws of a pyrrhic victory.
The House has already passed a badly-polling bill but has some sticking points with each of the remaining viable Senate bills, and the Senate majority is razor-thin, so of course Trump re-started a “twitter” feud with a Republican senator whose vote is badly needed. Arizona’s Sen. Jeff Flake has been a reliable vote for consensus Republican causes during his first term, but he also wrote a book critical of Trump’s combative rhetoric and more populist tendencies, and was recently caught on a live microphone saying that if the Republicans become the party of Trump and Alabama senate candidate Ray Moore it is “toast,” so Trump promptly “tweeted” that Flake — or “Flake(y)” as Trump put it — was therefore a “no vote” on any Republican bill. Our guess is that Flake will vote as usual with the consensus of Republican opinion, and since he’s already announced he won’t run for reelection given the current climate we’re sure he’ll cast his vote with concern for the political consequences, so we won’t blame him whether he hands Trump yet another legislative defeat or allows Trump a pyrrhic victory.
If the process drags out long enough it might come to down a special Senate race down in Alabama, where the aforementioned Moore seems in danger of losing that reliably Republican state’s Senate seat to a Democrat, of all people. Moore stands credibly accused by numerous woman of being that creepy guy who preys on teenaged girls, and by now many of the old-fashioned Republicans have renounced his campaign, but Trump has preferred to “tweet” about a Democratic senator’s sexual misconduct while White House spokeswoman Kellyanne Conway was on television urging Alabamans to vote for the credibly accused child molester in order to pass whatever tax bill the Republicans come up with. This might work for no, but in the long run it strikes us as an especially pyrrhic victory.
The economy will probably chug along in any case, and the national debt will just as surely swell, the inevitable reckoning will hopefully occur after we do, and as far as we’re concerned both parties deserve whatever they get.
— Bud Norman