Wednesday, December 20, 2017

Political winners and losers from the Trump tax-cut bill

The Republican tax plan won Congressional approval on Wednesday and will soon be signed by President Trump.
The law’s thicket of new provisions will affect families and businesses across the nation, in ways The Hill has previously reported upon.
But, when it comes to the politics of the bill, who notched a victory and who took a hit? 
Winners
President Trump
Trump badly needed a win on tax reform after the ignominious failure of the attempt to repeal and replace the Affordable Care Act (ACA), also known as ObamaCare. He faced the very real risk of having no major legislative achievement by the end of his first calendar year in power.

No comments: