Krugman writes: "House Republicans were supposed to unveil their tax proposal today, but it has been put off."
House Speaker Paul Ryan. (photo: Getty)
02 November 17
ouse Republicans were supposed to unveil their tax proposal today, but it has been put off — and not, as you might imagine, because they’re a bit worried that their grand opening might be overshadowed by the indictment of Trump’s campaign manager and sworn testimony of collusion between campaign officials and Russia.
No, they’re delaying because on the verge of trying to pass a huge change in the U.S. tax system, they still haven’t settled on key parts of the proposal — specifically, how to pay for huge corporate tax cuts and large cuts to wealthy individuals.
But wait — how is this possible? Republicans, and specifically Paul Ryan, the speaker of the House, have been talking about tax “reform” and putting out white papers for years — actually, since 2010. How can basic things be up in the air at this late date?
