Reagonomics Was a Disaster the First Time Around

So, let's do it again.

Heads up, Missouri.

President Donald Trump will kick off his lobbying effort for a tax overhaul at an event with a Midwestern manufacturing backdrop and some economic tough talk.

The one thing missing? A detailed proposal.

Instead, in Springfield, Missouri, Wednesday, Trump will give remarks that the White House said will focus on his “vision” for spurring job creation and economic growth by cutting rates and revising the tax code. Details will come later, officials said, when lawmakers work them out.

  TPM

Plan? Who needs a plan? He just wants adulation. Maybe if I sound like Reagan, people will adore me some more and say nice things about me.  "Vision."

After failing to deliver on seven years of promises to repeal and replace Obamacare, many Republicans believe they must produce on taxes or face a reckoning in next year’s congressional midterm elections. If they don’t have something to show for full control of Congress and the White House, voters could try to take it all away, beginning with the GOP’s House majority.

One can only hope.

Trump is kicking the effort off in Springfield, considered the birthplace of the historic Route 66 highway, known as “America’s Main Street.” Emphasizing domestic jobs, he’s appearing at the Loren Cook Company, which manufactures fans, gravity vents, laboratory exhaust systems and energy recovery ventilators.

Perfect. All things windy.

Trump is expected to continue his sales pitch and Republicans are hoping the president commits in a way he never did for health care.

I wouldn't be a bit surprised. He actually cares about tax cuts for corporations, because he has one. He doesn't care about health care, because he doesn't need more.

“He’s a liability,” said Republican consultant Rick Tyler. “He proved that in the whole health care repeal and replace. He just can’t stay focused on one thing.”

Yes, there is THAT issue.

[Economic adviser Gary] Cohn said the White House and GOP leaders have agreed on a “good skeleton” for a tax overhaul, and said the House tax-writing committee would be drafting legislation while the White House tries to sell the plan.

And that skeleton is you miserable Trumpettes who are barely scraping by as it is.  Is this going to be like the health care legislation with Republicans? We don't get to see what they're working on, and they won't tell anyone what they're voting on?

White House officials declined to discuss details Tuesday. Trump has promised the largest tax cut ever, saying he’d like to see the corporate tax rate drop from a top tax rate of 35 percent to a top rate of 15 percent.

Jesus Christ. They already pay pretty much nothing. Get ready to be even more seriously screwed, Trumpettes.  What's YOUR tax rate, eh?

A key challenge is to frame a tax plan that could include cuts for corporations and top earners as a boon for the middle class.

Because it worked so well under Reagan. Trickle down, indeed. Down your leg.

...but hey, do what you want...you will anyway.