White House adviser Ivanka Trump appeared on Fox News Monday to push for her father’s tax cuts and claimed they would enable middle-class families to get their kids Mandarin Chinese tutors like her daughter has.
“Should we talk about one thing that’s great?” host Brian Kilmeade asked Trump during the interview. “The video of your daughter speaking Mandarin, singing Mandarin.”
“Donald Trump’s secret weapon, Arabella,” co-host Steve Doocy declared.
“I’m really impressed,” co-host Ainsley Earhardt said. “What are you doing at home?”
“I’m very fortunate to be able to have a lot of help to be able to support me,” Ivanka said. “Because I definitely could not have taught her how to do that.”
“And that’s what we’re trying to do with tax reform, enable more working parents to be able to get the support that they need to be able to thrive as a family,” she added.
It’s a cute piece of propaganda to push a tax cut bill that does not do what Ivanka claims it will do.
According to a New York Times analysis of the plan, half of all middle-class families would pay more in taxes than they do now within the next decade and a third will pay higher taxes within a year.
Some won’t get any tax cuts at all because the bill wipes out key deductions certain families rely on, like the State and Local Tax deduction. Others will lose whatever tax cuts they initially get because certain provisions will expire over time.
On the other hand, the big winners are corporations and the uber wealthy, who will continue to pay lower taxes immediately and in the distant future under the plan.
Aside from not helping the middle-class the way Trump and the Republicans promised, the bill would also blow a huge hole in the deficit and increase the debt.
Republican leaders insist the bill will pay for itself with economic growth but economists don’t see any evidence of that.
The bill would add about $1.5 trillion to the deficit, causing concern about more fiscally responsible lawmakers on the Hill.
Arizona Sen. John McCain, who has already proven himself independent of the party’s leadership when he torpedoed their most promising attempt at an Obamacare repeal and replace bill has vowed along with Tennessee Sen. Bob Corker, a fierce Trump critic who is retiring at the end of his term and has nothing to lose, to not vote for “one penny’s worth of deficits.”
“I want to tax reform to reduce the deficit,” Corker said. “I want it to be pro-growth, and I want it to be permanent.”
Arizona Sen. Jeff Flake, who is also retiring and taking aim at Trump in the process, also said he’s concerned that the bill is not a longterm solution.
“I remain concerned over how the current tax reform proposals will grow the already staggering national debt by opting for short-term fixes while ignoring long-term problems for taxpayers and the economy,” he said in a statement.