The point that I make on this is very simple. We started out with a bona fide effort to do tax reform. This is not the way to do tax reform. We need to go back to the drawing table and draft a proposal that the American people will come to see as competitive and will highlight the role that optimism has always played in American public life.
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When we listen to people telling us about their own experiences, it can be very helpful and certainly enhance better policies for people like them.
My advice is: If they adopt that policy, we should advise the American people to forget about their credit card debt.
So here we are, one big beautiful tax cut for billionaires. The Republican pathology with tax cuts for wealthy people continues.
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