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"With the proposed tax cuts, the public debt could easily exceed 100% of GDP." (Photo by Chip Somodevilla/Getty Images)
Treasury Secretary Steve Mnuchin's call for corporate tax cuts is akin to his request for a government plane for his honeymoon: both are adventures in avarice. Donald Trump, Mnuchin, Gary Cohn, and the key billionaire funders of the Republican Party (including the Koch brothers, Sheldon Adelson, and Robert Mercer) would each reap a fortune from the proposed tax cuts. They are out to loot the kitty, and are close to getting away with this daylight robbery.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
Treasury Secretary Steve Mnuchin's call for corporate tax cuts is akin to his request for a government plane for his honeymoon: both are adventures in avarice. Donald Trump, Mnuchin, Gary Cohn, and the key billionaire funders of the Republican Party (including the Koch brothers, Sheldon Adelson, and Robert Mercer) would each reap a fortune from the proposed tax cuts. They are out to loot the kitty, and are close to getting away with this daylight robbery.
Treasury Secretary Steve Mnuchin's call for corporate tax cuts is akin to his request for a government plane for his honeymoon: both are adventures in avarice. Donald Trump, Mnuchin, Gary Cohn, and the key billionaire funders of the Republican Party (including the Koch brothers, Sheldon Adelson, and Robert Mercer) would each reap a fortune from the proposed tax cuts. They are out to loot the kitty, and are close to getting away with this daylight robbery.