Exactly, yes.
And as Mark Levin so eloquently stated last night on his program, this is not what the GOP ran on, and this "tax cut" bill is not what they promised they would do. I would include Trump in that basket, because he was the one promising middle class tax relief for ALL middle class - FIRST. Instead, the corporations are raping the rest of us by having us "pay for" their massive tax cuts.
what is wrong with people...
Now that is the question.
Here is what I believe is going on with people who are buying into this travesty. There are several factors, and I'll list them.
1. Some are looking only to the Stock Market as the source of wealth and endless prosperity. The markets are acting like a drunk at the roulette table with a cocktail waitress on each arm.
http://www.businessinsider.com/trump-tax-reform-bill-driving-stock-market-crazy-2017-11
The prospect of companies using the money to buy back their own stock instead of pay taxes (that the rest of us have to pick up) is making them giddy. I don't believe most companies will "reinvest" and make wages better for the average family. I believe that this Zerohedge article nailed it - - they are going to simply buy back their own stock and line their own pockets. When and if the markets finally meet fiscal reality, there will be blood on the walls.
2. People are using these "tax calculators" and looking at how much they will pay less if the factors are favorable to them, and have determined (correctly) that high tax states, those who use many deductions such as medical expenses, mortgage deduction, etc. are going to get soaked and pick up the tab for them. This bill picks winners and losers. But the short term gain is going to massacre the GOP politically. People bought homes and built lives based on deductions and economic assumptions that the GOPe is going to wipe off the map today in the Senate with one lousy vote. The Democrats are going to be able destroy the Trump middle class and forgotten person voting block, not only in 2018, but for years to come. The campaign commercials will write themselves, and this time the Democrats don't even have to lie. The GOPe cared about the donors, not the middle class. There is also a tremendous amount of geographic hatred among some here (and in the GOP) for certain states. Bigotry is an applicable word. They don't care who gets hurt - and long as they cynically believe they are somehow superior and someone else picks up the tab for their tax cut.
3. A feeling that Trump must be followed blindly, no matter what. Because Trump wants a "victory", people are willing to give him one, no matter what it is. This is wrongheaded and stupid on so many levels. There is a messianic bent to this, and it is fruitless to try to convince those who cannot see the forest for the trees. I love Trump, but he is wrong on this. He campaigned to help the middle class, and he is abandoning millions of us. Obama didn't even raise our taxes this way. Further, Trump has turned over the steering wheel for this runaway tax bill car to horrible people: Mnuchin and Cohen are Goldman Sachs snake oil salesmen who are paying off their Billionaire friends. Ryan and McConnell are vermin who cannot be trusted with walking your dog. Put it all together, and it is the perfect storm of betrayal for millions of conservatives who are going to get hurt by this bill.
It will pass the Senate today. There will be huge "fix" that pull the wool over everyone's eyes and the GOPe will sell it everyone like a cheap yard sale.
This entire process was never about the "forgotten men and women" that Trump promised it would be. Instead, the entire tax bill had one central structure: massive cuts for the corporations and make middle and upper middle class taxpayers pay for it by capping or destroying almost every deduction they have.