(The New York Times) — “Democrats hope that by killing the Republican bill, they can work with Mr. Trump to create bipartisan legislation that achieves a middle-class tax cut.”
WASHINGTON — Republicans will pitch their tax bill this week as a gift to the middle class, but Democrats will call it a Trojan horse: a windfall for big business and the rich dressed as a tax cut for workers.
The tensions over who will benefit from the sweeping tax rewrite were on display during an hour-long meeting last week between President Trump and Senate Finance Committee members. Democrats who attended, including many whose states Mr. Trump won, said the president agreed with every point raised on the subject of tax cuts for the middle class. At the end of the meeting, Senator Ron Wyden of Oregon told Mr. Trump that the tax bill Republicans were drafting would not deliver on his promises to the middle class and would instead benefit corporations and high earners.
Mr. Trump looked at his top economic advisers, waved his hand, and said, “Take care of it,” Mr. Wyden recalled in an interview.
Click to continue reading. By JIM TANKERSLEY – Oct. 29, 2017.