For GOP, tax bill’s most visible win may be averting failure
Associated Press
WASHINGTON
Despite the sheer size and society-spanning impact of the $1.5 trillion tax overhaul, the quickest and most potent political victory that Republicans would savor by pushing the bill through Congress this week may be what it averts: another big GOP legislative crash in the age of Trump.
Even if Republicans are correct that tax cuts for business and the wealthy bolster the economy, it can take time for obvious results to show. And even with millions of families likely to enjoy lower taxes, many won’t feel much until they file their 2018 tax returns in early 2019. That’s well after the November 2018 elections that may be a coin flip for control of Congress, and recent races suggest those contests may be heavily influenced by President Donald Trump’s unpopularity.
Approval of the tax bill seems certain, with House passage assured and two of the few potential Senate GOP opponents lining up Friday behind the measure: Marco Rubio of Florida and Tennessee’s Bob Corker. That means a White House signing ceremony, probably by Christmas.
Republicans hope that would overshadow their embarrassing failure to repeal President Barack Obama’s health law. Another flop would have infuriated GOP backers and donors already enraged by the Affordable Care Act debacle, fueling hard-right primary challenges against Republican incumbents or encouraging conservatives to stay home in November.
Democrats view the tax legislation as a rich political opportunity.
Surveys this month have shown clear majorities oppose the legislation. Quinnipiac University and Marist polls also find that at least 6 in 10 people surveyed say the bill would primarily help the rich.