It’s true that Trump has delivered in quite a few respects. But whether the promises he’s kept are beneficial to the country is a different matter.
Take tax reform, for example.
Trump has often blamed Democrats for issues regarding the GOP tax plan even though the Republican Party has control of Congress. He once claimed that “the only people” who don’t care for the tax proposal are those who “don’t understand” it and the “Obstructionist Democrats.”
The only people who don’t like the Tax Cut Bill are the people that don’t understand it or the Obstructionist Democrats that know how really good it is and do not want the credit and success to go to the Republicans!
— Donald J. Trump (@realDonaldTrump) November 30, 2017
His comment came on the heels of a Quinnipiac University poll which found that 53 percent of U.S. voters disapproved of the Republican tax plan. That poll found that 64 percent of Americans believed that the plan, if passed, would benefit only the nation’s wealthiest citizens, while only 24 percent think the middle class would benefit. Just 5 percent believe the plan would benefit those in the lowest income bracket.
An analysis by The Joint Committee on Taxation released in November 2017 found that the tax plan would add $1 trillion to the deficit over a decade––even when accounting for economic growth. A Penn Wharton Budget Model predicts the tax plan would add approximately $1.39 trillion to the deficit, while a Tax Foundation predicts the proposal would add $516 billion to the deficit.
And last year, a troubling report from the nonpartisan Congressional Budget Office (CBO) revealed that the plan “gives substantial tax cuts and benefits to Americans earning more than $100,000 a year”––hitting the nation’s poorest citizens particularly hard––and that the legislation would “add an increase in the deficit of $1,414 billion over the next 10 years.”