Just have to say the big beautiful tax deal is big and beautiful for once again the people who don’t need nor deserve the rich giveaways plus the obvious costs go back sticking it to the middle class.
I had some higher hope that Trump wouldn’t yield to the rich republican politicians and corporations when he said he was for upping the tax rate on the top earners (def not a huge increase at that), also taking away the cap gain carryover loophole which doesn’t do anything but enrich hedge funds. I also had some misguided hope that he’d actually play hard ball w ultimatum w pharmaceuticals and medical device firms where the USA wouldn’t pay a penny over swedens cost (I believe they are the cheapest now). Now I realize pharmaceuticals are the largest bribery, I mean political donors legally and ill morally (never forget when 4 pharmaceuticals paid Hillary Clinton over 12 mil to speak to employees for under an hour each place, sure it’s a consultation fee legally but don’t fool yourself, it’s a bribe.
If Trump would have done these 3 things, he could easily balance the budget w his promises included w out gutting social programs. There’s not a reason in world the US pays double to 3/4 times what the rest of the world pays for meds plus add all the middle men involved w healthcare and that’s a true issue.
It takes a guy to say FU to lobbyists and do the right thing, I’m a proponent of a work / volunteer requirement for benefits for able bodied adults but also a proponent of raising the income guidelines to keep Medicaid. The current system penalizes you for taking a job because of the bloated costs of bad healthcare plans, the savings from playing by hardball w pharmaceuticals and med devices will more than pay any increased Medicaid recipients who’s income is under? 60-100k in that area. Incentivize work, spending as free spendable money by the people who need things along w building a healthy labor market that doesn’t need 25 per hour to just live on as they’d still have healthcare.
just my piece but this tax bill is and will kill the dollar, raise rates greatly, w tariffs comes inflation and this will hit the low to middle class harder than anyone else.
Trump over the years has advocated spend 100 to grab 10 more in sales, hence all the Bankruptcies over his life and this beautiful tax bill reeks of this approach