Farcical Treasury GOP Tax Cut Analysis

Read more on this subject: TAXES: Federal
Opinion Column by Stephen Lendman
Farcical Treasury GOP Tax Cut Analysis

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

Willy Sutton once said he robbed banks because "(t)hat's where the money is."

For GOP lawmakers, the money is in the pockets of ordinary Americans to be picked for corporate predators and super-rich households.

Their tax cut scheme is a colossal heist, grand theft, designed solely to enrich America's privileged class further at the public's expense.

On December 11, the US Treasury published a one-page (470-word) "white paper" document on the Senate GOP plan – entirely politicized, lacking credibility, an analysis in name only using fake math, falsified mumbo jumbo to fit policy, a disgraceful exercise in deception.

Economist Stephen Stanley bashed it, saying "(y)ou have to view this as a political document, not an economic document. The work should be viewed as advocacy rather than academic work."

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