Jim Hoft May 18th, 2017 10:24 am
Economist Steve Forbes told Stuart Varney if Republican lawmakers don’t pass tax relief they will lose the House and President Trump will be impeached.
Steve Forbes: I think they will cut tax rates. Bigger reform may come next year. But the bigger thing is to get those barriers down now on the corporate tax side and individual tax side… The prospect of becoming a lobbyist or perhaps a FOX News contributor next year I think will focus their minds, we better get something done. Now this special counsel, I think it’s a disaster. But it does bide time. Things will calm down on Capitol Hill where they actually can focus on getting this thing done. If they don’t get this done, the House is going to go to the Democrats and we know that’s going to mean they can’t help themselves> It’s going to mean impeachment. It’s going to mean two years of nothing.
Via Varney and Co.:
Problem for the tax cuts is that congress will remain in a stalemate over the issue. Of course dems don’t really want to see any reductions in anything but republicans want any tax cuts to be revenue neutral so as not to increase the deficit… fiscally prudent but not a word on entitlements and without addressing that elephant, there is on substantial reduction in obligations.
I don’t see Republicans fighting their way out of this bag because they refuse to go back to their constituents and speak home truths… of course when you have democrats that spit skittles and moonbeams out their backsides… honesty is hard to come by. What with end fighting and constantly working to cut Trump off at the knees, I see no way forward for conservatives… but then again, that is what RINO neocons have been waiting for, for decades…