Business Insider really doesn’t like the GOP Tax Plan.
“While Trump likes to talk about "massive tax cuts," Bush actually signed one less than five months into his term in office. Bush's proposal was popular and attracted substantial Democratic support. And much of it is still the law today.
Bush understood the politics of tax cuts in a way that Trump and House Speaker Paul Ryan do not — which is why Ryan and Trump have produced a tax plan that is a political time bomb.
This plan will soon blow up in their faces…
As the details of this plan become known, and as the political response builds from people who fear their taxes will be raised, and as they build a coalition with special interests who would lose out from other aspects of the proposal (like investors who do not like the proposed limitation on the deduction of business-interest expenses), this plan will become an enormous liability.”
Proceed, GOP.