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Republicans Bet Their Majorities on a Tax Cut

February 16, 2018 · 10:23 am ET · Leave a Comment

Matthew Continetti: “Republicans want to tie the strong economy to the tax cut they passed last December. This is the most powerful weapon they have in the coming election, not just because the policy appears to be succeeding, but also because it’s the only major achievement of the 115th Congress. Republicans are keeping track of how many companies have pegged bonuses, raises, or 401(k) perks to the tax cut—the number currently stands at 348. They urge voters to “check their check,” beginning this week, to see the extra take-home pay the cut has given them. And they are telling candidates to highlight the impact on everyday people: Christmas toys purchased, vacations enjoyed, and small businesses expanded as a result of a policy the GOP embraced but every Democrat in Congress voted against.”

Budget & Taxes

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