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Congressional Republicans backed by the Trump administration are railroading controversial tax legislation at the year’s end. Critics say it amounts to class warfare as it benefi ts the rich and corporate America while hurting the working classes.
The legislative process is under fire in part because neither the House of Representatives nor the Senate have held serious hearings to hammer out the complex economic and legal issues involved. Instead the Republican Congressional leadership dumped their legislation on Congress and pushed it through with lightning speed in a matter of weeks.
Since the Republicans control both houses of Congress and also the Executive Branch, the opposition Democratic Party in effect has little say in the matter. But if some Republicans defect from their party line, quick passage of the legislation could be affected, as happened with the controversial health care legislation.
Republicans want to pass the legislation by late December, ready for the president to sign before the end of the year. There are differences between the House and Senate versions of the tax legislation, so they must be worked out in a conference committee composed of members of both parties. The version of the legislation agreed upon then undergoes a fi nal passage through Congress and then moves to the White House.
President Donald Trump’s fi rst year in offi ce has been beset with fi erce opposition to both him and his agenda. While there have been a few successes, the record overall is not bright. The health care revision was a debacle, and Republicans have yet to come forward with legislation addressing the in- frastructure shambles in the U.S. and other pressing issues.
The actual contents of the two Congressional tax bills are not altogether clear, and they each run several hundred pages of very fine print. Because of the breakneck speed at which they moved through Congress, members of Congress, not to mention the vast array of Washington lobbyists, are somewhat in the dark and perplexed.
Deepening the divide
There are two broad areas that raise controversy. The fi rst is the impacts on the middle and working classes, and the second is the impact on corporate America. Critics say that the tax legislation represents class warfare. They say that the rich benefit unduly while the middle and working classes get very little relief. This argument has powerful appeal to those who are concerned that the U.S. trend in the past four decades has been that the rich get richer, the poor get poorer, and the middle class gets crushed.
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