Tax reform has to be implemented by Congress. All he can do is call for it. And good luck with that out of the current Congress. The only chance of that happening is if Dems get the House back and get a bigger/actual majority in the Senate.
An actual majority in both houses plus the President’s signature is all it takes to actually change tax rates for the wealthy — you can do it under reconciliation. The problem for Democrats is that there have long been a few who are bought off, so it takes more than a bare majority to do it.
Plant very convincing notes in the lapels of every fortune 500 companies CEOs?
I mean, that’s close.
Tax reform has to be implemented by Congress. All he can do is call for it. And good luck with that out of the current Congress. The only chance of that happening is if Dems get the House back and get a bigger/actual majority in the Senate.
An actual majority in both houses plus the President’s signature is all it takes to actually change tax rates for the wealthy — you can do it under reconciliation. The problem for Democrats is that there have long been a few who are bought off, so it takes more than a bare majority to do it.
Yep. That’s how we got the current tax plan which heavily favors the wealthy, and it’s the only thing the R’s did when they had full control.