This appears to be the appropriate word to describe the tax system bludgeoning recently performed by Republicans (Democrats and Independents were given little time to read, let alone participate in the development of the proposals). To suggest that what greatly reduces taxes for the wealthiest among us in far higher mounts than for the bulk of us is tax "reform", clearly indicates that those who support its adoption are either tools or stooges for the wealthy and powerful. This clearly fills the wealthiest's already well-filled pockets. This so they can use the money to gain even more control over our government that shapes the rules we live by.
This wholesale sellout of our democracy by those elected shows that they really don't represent the bulk of US citizens. The stench of the process by which both houses of Congress worked largely behind closed doors, with little to no public hearings, underlines their lack of interest in democracy. Once elected to join this prestigious club, they are by and large set for a life without economic need, and therefore need to care zilch for those who aren't so fortunate.
That the sprinkling of some small favors to those in the middle and below have expiration dates set for after these sycophants leave office, makes the stench even more offensive. One doesn't need a college degree to recognize that the promise of a faster growing economy and the trickle down benefits promised to those hoping for some crumbs off the table, are a myth. For thirty plus years of this vacuous economic myth being hoisted on us, we see no significant economic growth, while that which did occur has driven us to the highest level of inequality in our history. The robber barons must be jealous.
Nothing shows this failure of supply-side, trickle-down, "voodoo economics" like the numbers. This report, nicely summarized by Sam Pizzigati here, is just out from noted economists Thomas Piketty, Emmanuel Saez, and Gabriel Zucman who study inequality, shows the lie of who benefits from this chicanery. Please share this will all who doubt, especially Republican legislators!!
The demise of the estate tax itself they aim for clearly only benefits the wealthiest 0.2 percent. That's right. The current estate tax does not impact any of the 99.8 per cent of us.
Of course these same legislators waive their concern with exploding the deficit now which all the studies forecast. Deficits only come into play for them when they want to starve a program that helps others. Their bottom line is a total dismantling of government, drowning it in the bathtub after they have starved it of funds to support the public good. Perhaps the most irritating aspect of this despicable act is that the majority of these bullies cloak themselves in a Christian conservative cloak, that is belied by their actions that support unfettered war (oh to be sure money for military will only go up as the recent ante-up passed by both houses exceeded even the Trump administration's request) and enrichment of their wealthy supporters.
This is a dark time in our history. May those of us who recognize the greed unleashed with this administration and Congress, endeavor to unwind it in the weeks and months ahead. Let every elected official that represents you, know how you feel. For now we still have elections. If we don't act, soon, don't be surprised if those too are taken away.
For a little uplift if you've read this depressingly far, click on this brilliant ten minute talk that opened a recent public policy institute for Quakers. We should gather hope from the fire and faith of this young leader