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" But what’s happening in the Senate right now really does deserve Trumpian superlatives. The bill Republican leaders are trying to ram through this week without hearings, without time for even a basic analysis of its likely economic impact, is the biggest tax scam in history. It’s such a big scam that it’s not even clear who’s being scammed—middle-class taxpayers, people who care about budget deficits, or both. One thing is clear, however: one way or another, the bill would hurt most Americans. The only big winners would be the wealthy—especially those who mainly collect income from their assets rather than working for a living—plus tax lawyers and accountants who would have a field day exploiting the many loopholes the legislation creates. "

Paul Krugman , Arguing with Zombies: Economics, Politics, and the Fight for a Better Future


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Paul Krugman quote : But what’s happening in the Senate right now really does deserve Trumpian superlatives. The bill Republican leaders are trying to ram through this week without hearings, without time for even a basic analysis of its likely economic impact, is the biggest tax scam in history. It’s such a big scam that it’s not even clear who’s being scammed—middle-class taxpayers, people who care about budget deficits, or both. One thing is clear, however: one way or another, the bill would hurt most Americans. The only big winners would be the wealthy—especially those who mainly collect income from their assets rather than working for a living—plus tax lawyers and accountants who would have a field day exploiting the many loopholes the legislation creates.