While there are convincing arguments being made about how the GOP’s Tax Cuts and Jobs Act favors the rich and disses the poor, the real danger in this legislation lies in its underlying social engineering.
Forget about next year’s tax bill for a moment; this bill amounts to an assault on the aspirations and beliefs of most Americans.
The rich getting richer has broader implications. Our democracy is already in trouble, thanks to the Citizen’s United Supreme Court decision. A small group of donors has become kingmakers, whose wealth drowns out other voices and induces politicians to live in a fundraising silo. [Read more…]