Frontpage: Senate Republicans unveiled their tax reform bill yesterday, cutting taxes while keeping the Obamacare penalty for not carrying health insurance intact and rebuffing President Trump’s demand for an immediate reduction in the nation’s sky-high corporate income tax rates.
Tax-writers on Capitol Hill seem keenly aware of legendary columnist Robert Novak’s words: “God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.”
So far this year Republican office-holders have failed to deliver on major campaign promises. Despite controlling the White House and both houses of Congress for almost 10 months, Republicans have been unable to reduce spending or even its rate of growth, but now they must either begin to deliver or start looking for new jobs.
In other words, tax reform is a “must-pass” item on the congressional calendar, especially after Republican setbacks this week in off-year elections. Not too many political handicappers thought Republican Ed Gillespie would receive the brutal thrashing he received at the hands of Democrat Ralph Northam in the Virginia governor’s race, especially after Northam allies ran a widely-condemned TV ad characterizing Gillespie supporters as bigoted yahoos who want to run over minority children with their pickup trucks.
It’s dirty pool but the Left appears reinvigorated. Will the Right follow suit? That is up to Republicans. more