Scoop: Trump wants to do tax reform and infrastructure at the same time
Source: Axios
The Trump administration is looking at driving tax reform and infrastructure concurrently, according to a White House source with direct knowledge.
It's a major strategic shift - infrastructure was likely going to be parked until next year - and is only possible because of last week's healthcare debacle.
President Trump feels burned by the ultra conservative House Freedom Caucus and is ready to deal with Democrats. Dangling infrastructure spending is an obvious way to buy the support of potentially dozens of Dems, meaning he wouldn't have to bargain with the hardliners.
Bill Shuster, the guy who would steer Trump's infrastructure package through the House, tells me he's optimistic Trump could get it done this year.
Read more: https://www.axios.com/scoop-trump-wants-tax-reform-infrastructure-at-same-time-2332543336.html
elleng
(130,865 posts)They've both been 'parked' for years.
That was my first good chuckle fot he day when I read that ...
IMO, they could get the tax bill done in an hour. if there is one thing that even this currently fractured version of the republican party all agree on, it is making the max tithe to their masters and greasing wealth redistribution.
However, the infrastructure boon doggle is going to be as messy as AHCA was.
jpak
(41,757 posts)radical noodle
(8,000 posts)wants big tax breaks for contractors etc to get the infrastructure jobs. I think he'll have trouble with it.
C_U_L8R
(44,998 posts)Seems you enjoy bellyflopping.
LakeArenal
(28,817 posts)Who would have thought tax reform and Infrastructure could be so complex?
Freethinker65
(10,009 posts)Dustlawyer
(10,495 posts)Only with Trump and the Republicans, it will be an open crime scene! Another reward to buddy's and a back door to themselves getting a taste.
Another benefit in running both bills at the same time would be overloading the media like he does with tweets and outlandish statements. There is so much continual crap they move to the next POS without ever investigating and resolving the last thing.
cstanleytech
(26,283 posts)I dont trust Trump or any Repugnants promises to actually do something about it so until its done just say no to "any" tax cuts for the wealthy.
Now after thats done I am willing to discuss tax cuts as well as defense cuts as there is no reason we should be spending more than the other top 5 spenders combined spend on defense.
pecosbob
(7,537 posts)would violate their ideological integrity. Their platform is to tear down bridges, not build them.
Lol...I wonder if he'll bum-pay the contractors like he always does.
notdarkyet
(2,226 posts)Will then own and charge us to use. Roads, bridges, the taking over public lands for private ownership. Everything I've read about the tax cuts and infrastructure plans describe them as boondoggles. (My word)
The Velveteen Ocelot
(115,674 posts)in decades, and that's a reason for that. Apparently he hasn't learned a thing from last week's debacle.
Sgent
(5,857 posts)there were some major changes in brackets / rates under both Bush 43 and Obama; however, HOW taxes are computed (vs the rate) hasn't changed since 1986. Before that it was 1954.
The Velveteen Ocelot
(115,674 posts)Demsrule86
(68,552 posts)pay more...and the poor will pay more too...He is the biggest piece of shit ever...pope should refuse to allow him to take communion.
marybourg
(12,620 posts)the next 3 years off.
bucolic_frolic
(43,129 posts)He hasn't the slightest idea what is going on
NYC Democrat
(295 posts)I cannot imagine a Bill that is both full of Infrastructure spending/tax incentives AND general taxcuts EVER being revenue neutral... which it would have to be if it wants to be a permenant law passed Via Reconcilation, otherwise it'd have a 10 year period before an automatic phase out.
What the hell is their plan here?
jmowreader
(50,555 posts)He's going to cut taxes and increase spending at the same time. I thought Republicans were supposed to be the fiscally responsible party.
TeamPooka
(24,221 posts)Demsrule86
(68,552 posts)if they can't reach agreement. And Ryan will need help to raise the debt ceiling too. And if they think military spending will be increased and sequester ended for military spending but sequester will continue for all other spending...I have a bridge they may want to buy...but they should check and make sure it won't fall down...after their irresponsibility to ignore infrastructure for eight years...they can kiss my derriere.
truthisfreedom
(23,145 posts)Sunlei
(22,651 posts)Ask Congress Mr. Trump, they have a whole stack of infrastructure & jobs bills they've blocked for 8 years.
Adrahil
(13,340 posts)... and they have no idea WTF they are doing.