Republicans at the federal level are fiscally irresponsible. The 12/2/17 Muscatine Journal says U. S. Senate Republicans want to add $1.5 trillion to the nation’s debt with tax cuts to corporations and wealthy Americans.
Republicans passed a monster, then voted down the Democrats' attempt to adjourn to read the bill whose final draft could be worse.
Peter Fishe, Iowa Policy Project, summarizes from his 11/29/17 Cedar Rapids Gazette article: “Those who want us to believe in the magic of trickle-down economics are trying the oldest trick in the book -- misdirection.
"Focus on this shiny bauble -- a small cut in your taxes in the short run -- and this pie-in-the-sky promise of jobs and higher wages; pay no attention to the billions of dollars going to corporations and the rich, and the inevitable cuts in programs, from health care to education to Medicare.”
U.S. Sen. Charles Grassley (R-Fantasy Island) says the estate tax is harmful to Iowa family farms. In a 12/3/17 Des Moines Register article, Kristine Tidgren, assistant director of the Center for Agricultural Law and Taxation at Iowa State University, is "not aware of any Iowa estates forced to sell land since the estate tax was raised to its current level in 2012.”
Grassley states, “I think not having the estate tax recognizes people that are investing,as opposed to those that are spending every darn penny they have, whether it’s on booze, or women, or movies.”
He is so out of touch, he has no idea what ordinary people are going through.