The Left is Caught Gaslighting About the Republican Tax Bill Yet Again

There is no economic issue that defines the differences between the Republicans and Democrats more than that of taxes. One of the most important results of the 2024 election is that President Trump will now get a chance to make the critical and successful tax reform legislation he originally signed in 2018 permanent. While obviously there will be some minor modifications, the fundamental changes the President wanted to see in the tax code will be much closer to becoming permanent now.

Despite the lies of the left, the tax reform that President Trump and Republicans support is not for the rich. The 47th President’s tax reform legislation is focused on helping families, bringing back manufacturing jobs to the United States, and making sure America is a place where companies want to relocate. Even the nonpartisan IRS scored Trump’s tax cut as progressive since the top 1 percent of taxpayers will pay a higher overall percentage of US taxes under the bill. While the bracket for top earners came down under Trump’s tax bill, deductions that primarily benefit upper-income earners were taken away, including the larger SALT write-offs. Some of those are back in smaller amounts in this piece of legislation, but they are at much lower levels now.

When President Trump was in the White House in his first term the economy was far stronger than seen under Obama or Biden. The average working-class family had almost $5,000 more in take-home pay under Trump. Michigan and Ohio also had record economic years when the 47th President was in office as well. The federal government, unsurprisingly, received record revenues during this time. These are the facts, and this economic data should not surprise anyone, since Reagan, Bush, and now Trump’s tax cuts have all produced higher levels of revenue for the government than higher taxation levels did. When tax rates are lower there is more investment, growth, and overall business activity, which creates more revenues for the government. Even in the 1990s, when Clinton raised the individual tax rate, the former Arkansas Governor cut the capital gains rate and eliminated the alternative minimum tax. Clinton also pursued a policy of deregulation as well. Newt Gingrich’s pro-growth policies that Clinton signed onto were critical to the economic expansion that occurred in the 1990s.

Obama and Biden both overregulated the economy and the inflation that occurred under the former Senator from Delaware also largely resulted from excessive government spending on worthless projects such as the so-called Inflation Reduction Act, a pathetic piece of legislation that focused on what the left refers to as climate change. President Trump is focused on using tax cuts, tariffs, and the cutting of regulations to both bring back jobs and help rebuild the middle class, the left’s agenda of prioritizing climate change and opening the border is effectively a war on the working class of the nation. The largest difference between the Democrats and Republicans remains that conservatives are the ones who represent and fight for the middle class.

The left has become a party of coastal elites that doesn’t listen to or even try to represent working-class people, the MAGA coalition is simply bigger than what the Democratic voter base is. Recent Democratic suggestions that the Republicans are just representing the wealthy are lies that have no factual support. Another irony is that the same Democratic leaders who opposed Trump’s tariffs, because these individuals say that policy is a tax on the middle class, support higher taxes on corporations that would of course be passed on to middle and low-income earners. The tariffs of course are short-term policy actions to get better trade deals done for the United States as well.

There has been a significant number of middle- and low-income earners who have left high-tax states such as New York and California to go to Republican-run states such as Texas, Florida, and Georgia. The high taxes on products and services such as gasoline in California are almost all paid by working-class families, and the middle class cannot afford to live in most Democratic-run states where left-wing policies have destroyed the cost of living. Trump’s tax cut is about doing what is best for American companies to rebuild the middle class, the President is not focused on the kind of class warfare the Democrats want to engage in since the left has nothing to offer working-class people in the United States.