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Gary Cohn, the leading White House economic adviser and former chief operating officer at Goldman Sachs, just admitted this little-advertised fact: “Only Big CEO’s are excited about the GOP Tax Plan”.
True, but I think he forgot to mention their most important constituency: The GOP Donor class.
Fortunately [Unfortunately?], other Republican-sellouts have not been so ‘coy’ about it, as Cohn …
Chris Collins is saying the quiet part loud.
by Dylan Scott, Vox.com — Nov 7, 2017
[...] Consider this comment from Rep. Chris Collins (R-NY), one of those New York Republicans who theoretically might be upset that his constituents would be expected to lose under the GOP bill.
The Republican donor class — i.e., corporate and wealthy America — expects Republican lawmakers to pass a Republican tax bill. It’s as simple as that.
[...]
“We haven’t repealed Obamacare, so if we don’t get tax reform done, we are in trouble,” Sen. Mike Lee (R-UT) said back in September. “We might as well flip up our tent and go home.”
[...]
Sen. Sherrod Brown (D-Ohio) engaged in extended sparring with committee chairman Orrin G. Hatch (R-Utah) over who would benefit from the Senate bill, with Brown insisting that it fundamentally represents a tax cut for the rich and not the middle class. This drew an enraged response from Hatch, even though Brown’s argument was 100 percent correct:
[...]
As it happens, there is good reason to doubt Hatch’s motives — or, at least, those of the GOP more broadly. Multiple Republicans have admitted on the record that if Republicans don’t pass these tax cuts, their donors will stop giving them money. If Republicans wanted to cut taxes for the middle class, they could cut taxes for the middle class and remain within deficit and procedural constraints by limiting the bill’s massive giveaway to their corporate donors, which would not necessitate hiking middle-class taxes later.
About that GOP “bait and switch” to Raise Taxes on the Middle Class LATER (but NOT on the Rich) — just check out the Red-Ink portions of this Chart:
That’s the sound of your Taxes retro-actively Going UP, Workers of America. Thank a Gopher, will ya, if you can pull them away from their “real Bosses” ...
Republicans Admit That CEOs And Donors Really Need The Tax Cut Bill To Pass — Or Else
“The most excited group out there are big CEOs,” said Gary Cohn.
[...]
“My donors are basically saying, ‘Get it done or don’t ever call me again,’” Rep. Chris Collins (R-N.Y.), himself a millionaire, said on Tuesday.
Sen. Lindsey Graham (R-S.C.) told reporters on Thursday that a failure to pass tax reform would fracture the Republican Party and lead to more far-right wing primary challengers. “The financial contributions will stop,” he added.
[...]
“(Donors) would be mortified if we didn’t live up to what we’ve committed to on tax reform,” Steven Law, the head of Senate Leadership Fund, a super PAC affiliated with Senate Majority Leader Mitch McConnell (R-Ky.), told the New York Post.
Those big donors are already trying to push the tax cut legislation across the finish line by spending tens of millions of dollars on political advertising. Nonprofit groups that do not disclose their donors, like 45Committee, American Action Network, America First, Americans for Prosperity, and Freedom Partners, plan to spend at least $43 million on a campaign to pressure specific members of Congress to pass the bill, according to the The Wall Street Journal.
WHO do these craven GOP-sellouts really work for, anyways?
The voters who elected them?
Or for the Millionaires and Billionaires who are black-mailing them to DO exactly the wrong thing?
Well, if GOP comments like this one are any clue, from those “Elected” Officials who are momentarily unhappy with their “purse-strings” arrangement — the Answer is obvious (about WHO they really work for):
The Question should now be posed to them — Is this WHY you got into Politics in the first place — so that you can become the dutiful foot-servants of so many Billionaire “Fools on the Hill”?
“Alfred, Get it done, Capisce?” Your Money-bags benefactor is waiting for you ...