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Ned Ryun in The Hill:

“What is now discussed doesn’t come close to being real tax reform for the American people. What it does qualify as is a grab bag of goodies for the uberwealthy globalists while passing the price tag on to the middle and upper-middle classes in America.”

Mr. Ryun is disappointed that the current tax overhaul plan does not do more to cut taxes for middle-income families. He puts the majority of the blame for the corporation-friendly tax code at the feet of Steven Mnuchin, the secretary of the Treasury, and Gary D. Cohn, the director of the National Economic Council. Both are Goldman Sachs alumni who perhaps wanted to “to help their chums back on Wall Street.” Read more »

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David Frum in The Atlantic:

“Even if the plan becomes law, as still seems improbable in the face of its terrible poll numbers, what firm would venture a long-term investment based on tax changes so likely unsustainable?”

Mr. Frum says he believes that the United States needs to lower its corporate tax rates. But he is worried that, given how unpopular the current version of the tax bill is, Republicans will not be able to achieve lasting change before Democrats sweep the 2018 elections. According to Mr. Frum, the Republican Party is throwing away its one chance to enact a lower corporate rate. Read more »

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The editors of National Review:

“Conservatives should not ignore the importance of keeping the federal deficit under control, nor the risks of repealing the mandate without broad-based health care reform.”

The editors at National Review are heartened by the changes they saw in the latest version of the tax bill. And while they are still worried about the amount these tax cuts will add to the deficit, they are particularly happy to see a repeal of the Affordable Care Act’s individual mandate. Read more »