“The idea makes as much sense as ripping up the entire interstate highway system and replacing it with canals,” says Chris Hayes on the proposal Trump floated during a meeting with Republicans on Capitol Hill.
When it comes to tax policy, Donald Trump already had a problem. His 2017 tax giveaways to the wealthy and big corporations were, by practically every measure, an expensive and unpopular failure. It’s against this backdrop that the Republican and his allies not only want to extend the tax breaks that didn’t work — adding trillions of dollars to the national debt in the process — they also want to add new tax giveaways to the wealthy and big corporations.
’s Chris Hayes described this as “one of the most deranged policies” of all of time, and it’s worth understanding why. As the Washington Post’s Catherine Rampell explained in her latest column: In other words, most Americans, including the entirety of the middle class, would end up paying more, not less, under Trump’s vision.
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