Defining the Terms of the Tax Reform Debate

Earlier this week the Democratic SuperPAC Priorities USA released a memo that publicly acknowledged concerns that Democrats had been privately expressing for a couple weeks that Democrats lack a compelling economic narrative for 2018. …

The Priorities memo, as well as other non-partisan polling, finds that the majority of Americans believe that the new tax law will benefit the wealthy more than the middle class.

But, with daily economic news mostly positive (despite the latest swings of the stock market), earlier Democratic arguments that this bill would cause an “Armageddon” like disaster on the nation’s economy sounds woefully tone deaf. Moreover, Republican-aligned groups have both outspent Democratic groups in messaging on the bill thus far, and have publicly committed to spending millions more in the coming months. CONT.

Amy Walter, Cook Political Report