October 2, 2018

House GOP Passes Tax Reform 2.0

The new legislation would make last year’s tax cuts permanent, and Democrats are screaming.

With everyone’s attention seemingly focused on the circus surrounding Brett Kavanaugh’s confirmation, GOP House members were busy passing Tax Reform 2.0. On Friday, House Republicans, joined by three Democrats, passed the bill by a vote of 220-191. The legislation, should it pass the Senate (which will be a tall order), makes permanent the tax cuts established by last year’s Tax Cuts and Jobs Act.

As usual, Democrats came out complaining that the legislation favored the rich. House Minority Leader Nancy Pelosi (D-CA) lamented, “The GOP’s priorities have been laid bare. How can we milk the public, exploit the taxpayer by adding to the wealth of the wealthiest 1%?” Ironically, it has been Democrats who are most guilty in seeking to carve out tax breaks for the wealthy. In the high-tax states that are almost exclusively Democrat controlled, their biggest objection to Republican tax reform is that it reduces the amount of state and local taxes (SALT) deductible on a federal tax return. As we previously noted, Democrats are out to protect their rich constituents from the effects of higher state and local taxes they themselves have created.

Democrats are not really “for the people.”

So who has gained the most from the GOP’s tax reform? The short answer: The Forgotten Man — middle-class and low-income workers toiling to make their lives better. As Grover Norquist and Alex Hendrie recently noted in The Hill, “Thanks to [tax reform], 90 percent of wage earners are seeing higher take-home pay. A family of four earning the median annual income $73,000 per year will see a 58 percent reduction in federal taxes, while a single parent with one child earning $41,000 will see a 73 percent reduction in federal taxes.”

And Tax Reform 2.0 does more to add to the middle- and low-income workers’ gains. As the Joint Economic Committee report highlights:

  • Taxpayers with incomes under $50,000 will see their share of the total federal tax burden drop from 4.2% to 3.9%.
  • Those with less than $10,000 in income will see their taxes slashed by more than half.
  • Average taxpayers with incomes between $10,000 and $20,000, a group that frequently claims refundable tax credits, will have no tax liability and receive an additional refund.
  • Millionaires will actually see their share of the total federal tax burden rise to 20.2%, compared to 19.6% if tax relief expires.
  • While taxpayers will enjoy an average 5.2% cut in their taxes, taxpayers that earn over $1 million will see a below-average reduction of 2.3%.

Republicans need to be banging this drum all the way to the midterms.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.