Then you had better hope that the tax bill is never passed. The changes to the tax code in respect to high education will devastate the postgraduate population. You cannot get humanity off this damned planet without Ph.Ds.
Do you want research into aging?
Well you better kill this tax bill because we are never going to conquer that condition without advanced medical skill and if you dry up the pool of graduate students you will be cutting you own throat.
That’s just one aspect of a terrible terrible bill flying through congress. It permanently lowers taxes on corporations and the ultra-wealthy, while temporarily reduces them on the middle class as a budgeting gimmick, leaving the middle class to face tax increases to fund the afore mentioned cuts.
Cuts that aren’t even required.
Corporate profits right now are at an all time high. Employment is near full employment. There is no shortage of cash for any of the massive corporations that are preventing them from expanding and razing wages.
Hell, even those commie socialist liberals at Forbes magazine are attacking this plan as a bad one for the US Economy.
If it is so clearly a bad bill why on earth are the elected Republicans hell bent on getting it done. Trump is more easily understandable by some estimate this will save his personal family; nearly a billion dollars but the GOP Representative and Senators passing this will not gain such a reward.
However rewards and incentives are key to understanding this. In American politics there are two major sources of power, a motivated voter base and large donors. If you have both firing on all cylinders you’re in a great spot. If you have one or the other you can work what resources you have and save your job, sometimes.
Populism has stolen the GOP base away from the main elected members. The movement that carried Trump to an electoral victory ignored him in Alabama for the more fiery populist candidate Roy Moore. Steven Bannon is leading digital crowds of pitchfork wielding peasant in assaults on the ‘establishment’ fortress. They have lost control of an energized base that leaves the large donors as their resource to fight off both liberal and the revolting peasants. They simply cannot afford to alienate these mega-donors and the donors want this tax cut. One GOP congress is quoted as reporting that his donors are telling him get this done or never call them again.
We are in serious trouble.