As President Trump awaited the delivery of the “Tax Cuts and Jobs Act of 2017” for his signature, he made a bold prediction.

“We got no Democrat help and I think that’s going to cost them in the election because they voted against tax cuts. I don’t think politically it’s good to vote against tax cuts.”

And while the president could be forgiven for bragging about the passage of his tax reform bill, it looks like at least some liberals are concerned.

CNN’s Allyson Camerota introduced a segment with Michigan Democrat Rep. Debbie Dingell by pointing to an impressive list of major corporations that announced bonuses, pay raises, and reinvestments after the major tax overhaul was passed by Congress on December 20.

 “... ever since the tax reform was announced... this whole slew of companies have come forward saying, ‘Guess what? We’re going to give out bonuses, now, to our employees.’”

Camerota went on to name nine companies in the communication, banking, and transportation fields that could have announced such measures prior to the passage of the tax bill, but did not, waiting instead to see if the president could achieve anything near the tax reform package his supporters expected.

“AT&T, to Boeing, to Comcast, Bank of America, Sinclair, Wells Fargo, PNC….” Camerota read.

“Obviously, they could have done this before the tax overhaul was announced, but they didn’t, they did it when the tax overhaul was announced. I’m wondering if you, as a Democrat, are you worried...?” the CNN anchor asked Dingell, who, along with every other Democrat, voted in opposition to the bill.

The legislation narrowly passed in the Senate, 51 to 48, with Sen. John McCain (R–Arizona) unable to attend due to his ongoing battle with cancer.

In the House, the 224 to 201 vote was along partisan lines with 11 Republicans from the so-called “SALT” states (New Jersey, New York, and California) with high state and local taxes not be fully deductible under the terms of the new law siding with the Democrats; a twelfth representative from North Carolina joined the ‘nays.’

Camerota laid out the truth for Dingell saying, “People vote with their pocketbooks. I don’t have to tell you this. So if you get a thousand dollar bonus, you’re voting for Donald Trump again.”

The quick-thinking Democrat responded that she would “never complain that any working man or woman will get an extra boost in their, uh, income,” before attempting to deflect to the argument that the tax cuts are not permanent.

To her credit, however, Camerota interrupted, equally quick to point out that the increases would not occur for years, “Well after the mid-terms... well after. So couldn’t this carry Republicans through the mid-terms?”

Dingell wasn’t as fast with a comeback line, as it is acknowledged by both sides that the provisions will probably become permanent with a simple vote sometime before the mid-2020s.

And, as Camerota pointed out, that will be after the 2018 midterms and even the 2020 presidential election take place… and well after hardworking Americans have become used to seeing more of their wages in their paychecks thanks to President Trump’s insistence on keeping that promise to the voters in 2016.

Do you think you will see an increase in take-home pay after the passage of the new tax reform law?

Source: 100 percent fed up

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