byIan Hanchett16 Dec 20170
On Friday’s “PBS NewsHour,” New York Times columnist David Brooks criticized the Republican tax bill as “donor maintenance” that is “about hurting their people and helping our people” without any economic philosophy at its core.
Brooks said, “This bill has nothing to do with all the intellectual work that real economists put in, who are Republican, who are conservative, who have a vision of improving incentives. What’s big about this is that the Republican Party has become detached from the Republican economic profession. And so, they pass a bill that simply is donor maintenance, and it’s about hurting their people and helping our people, with really — without an underlying economic philosophy at all. So, they took an opportunity to do something pretty good, they have a few good morsels in there, and they ended up doing something pretty bad that’ll hurt the worst and without it helping growth.”
Follow Ian Hanchett on Twitter @IanHanchett
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