A Tax Cut for America
Most of the gifts exchanged at this time of year are opened on Christmas Day. But this time around, a big one arrived a few days early: the Tax Cuts and Jobs Act.
You’d never know that if you listen to the grinches in the so-called mainstream media, of course. They poured the usual amount of derision on it, insisting that it’s nothing more than a robber-baron’s roundup — a grab bag of goodies for the rich and no one else.
“A Win for the Wealthy, the Entitled and the Irresponsible,” read the headline of The Washington Post’s editorial. The New York Times, meanwhile, went with “Tax Bill Lets Trump and Republicans Feather Their Own Nests.” Other media outlets followed suit, venting outrage at what they insist is nothing more than a sell-out and a scam.
It isn’t. The Tax Cuts and Jobs Act isn’t perfect, but it offers real tax relief to Americans up and down the income scale. President Trump’s opponents are so fixed in their class-warfare ways that they seem oblivious to how beneficial it will really be, to ordinary workers and to the economy as a whole. Several high-profile businesses — ones with no ideological ax to grind, unlike many in the media — seemed to realize this. Read More
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