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News Link • TAXES: Federal

Why Washington Politics Make Trump's Tax Cuts All But Impossible

• by Tyler Durden

But despite the promises, the politics and partisanship gripping Washington DC means that Trump's tax reform policies are almost certain to face the same fate as his failed Obamacare repeal effort.

On the one hand, Trump could choose to appeal to the the Freedom Caucus with massive tax cuts across the board.  That said, conservative members of the House would almost certainly look to combine tax cuts with entitlement reform, something that Trump has very publicly opposed.

On the other hand, Trump could attempt to strike a bipartisan deal with Democrats.  But, there again, while Democrats may be open to middle class tax cuts and leaving entitlements alone, they will vehemently oppose any plan which offers cuts to higher income individuals and corporations.  As Senator Ben Cardin said, for Democrats to hop on board with Trump's tax cuts they would have to be "responsible" and "progressive."  Per The Wall Street Journal:

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