On Friday, President Trump decided to go ahead and sign the GOP tax cut bill into law.
He had been planning on waiting until the New Year but after hearing various sources in the media attack him for not fulfilling his promise to get tax reform done in 2017, he decided to simply sign the bill before leaving Washington, D.C. for the Christmas holiday.
President Trump on Friday signed his first major legislative triumph – a $1.5 trillion tax overhaul expected to trigger tax cuts for most Americans next year – as well as a temporary spending bill that keeps the government running through mid-January.
Trump signed the bills before heading to his Mar-a-Lago resort in Palm Beach, Fla., for the winter holidays.
As he did, the president told reporters he was initially going to wait until after the new year but changed his mind because he wanted to prove he was keeping his promise to America to get a tax bill signed before Dec. 25.
“I didn’t want you folks to say I wasn’t keeping my promise” to sign the bill by Christmas, he said. “Every one of the networks was saying ‘Will he keep his promise? Will he sign it by Christmas?’”
So Trump said he told his staff: “Get it ready, we have to sign it now.”
Pres Trump said he was going to delay tax cut bill signing til January, but changed his mind when he saw TV news coverage this morning saying he wouldn't meet his pledge to sign tax cut by Christmas – so he did it today. pic.twitter.com/vZXbkgFOqq
— Mark Knoller (@markknoller) December 22, 2017
The Democrats and their partners in the media have been fear mongering about the GOP tax cuts for weeks.
They’ve sowed such fear into the hearts of their base that social media was aflame with leftwing horror stories about the death and destruction that was coming because of the Republican thievery. (By the way, I’ve yet to hear a liberal explain how letting people keep more of their own money is “thievery” or “stealing.”)
Instead, of the terrible negative repercussions we heard so much about in the media… almost immediately there was a wave of POSITIVE repercussions (more on that here and here).
JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill. https://t.co/iv4i2MTAkO
— CNBC Now (@CNBCnow) December 20, 2017
JUST IN: Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform". https://t.co/YKho1O67Ek
(Disclosure: Comcast is parent co. of CNBC)
— CNBC (@CNBC) December 20, 2017
FRANKENSTEIN STRIKES! CEO of Idaho company: "We’re going to have some more dollars to spread around. That money should go to the people who built the company.” Bonuses to employees, averaging $800. https://t.co/VV2fD9VzRQ
— Guy Benson (@guypbenson) December 22, 2017
More Armageddon: "Associated Bank said Thursday it will boost its minimum hourly wage to $15 and pay workers a $500 bonus when the recently passed federal tax reform is signed."https://t.co/7d0IfMGcvo pic.twitter.com/Zs9JYRG3qn
— Jim Geraghty (@jimgeraghty) December 22, 2017
Since tax bill signed, 3 companies —AT&T, Comcast, BofA— have announced $1000 bonuses for a total of 400,000 employees. That @chuckschumer @NancyPelosi and every Dem voted against the bill was shrewd, shrewd politics. Bravo @realDonaldTrump @SpeakerRyan @SenateMajLdr
— Hugh Hewitt (@hughhewitt) December 22, 2017
Sinclair joins the media giants vowing to give $1,000 bonuses to employees in the wake of the #TaxReformBill's passage https://t.co/gLEBfzU8P8
— Variety (@Variety) December 22, 2017
Oh, but wait, there’s more. So. Much. More.
The new tax reform law has our international competitors shaking in their boots! In fact, down in Australia the national Treasurer is warning Australia’s politicians that if they don’t do something soon they could begin losing money, jobs, and business to the USA because of the GOP tax reforms.
Australia’s Treasurer: “The Trump tax cuts are coming. If we fail to respond, they will take Australian jobs, investment and wages with them.” https://t.co/7d0IfMGcvo pic.twitter.com/0PwzTt9Fyc
— Jim Geraghty (@jimgeraghty) December 22, 2017
This is literally, the exact opposite of what the liberals were saying would happen if the GOP tax bill became law.
https://twitter.com/colingorton98/status/944220587404251136
Unpossible. I was told there would be dead people. https://t.co/YTr9EIwwOl
— John Fenton (@jhfenton) December 22, 2017
Many others on the interwebz noticed the Australian announcement with interest.
https://twitter.com/johnhawkinsrwn/status/944228337542627328
Tax competition is a beautiful thing. https://t.co/nxkr2IKPRP
— Phil Kerpen (@kerpen) December 22, 2017
One great benefit of the corporate tax cuts: they make America a better place to do business and encourage similar changes in other countries if they want to stay competitive with us. https://t.co/Y03qIjRgpt
— Ken Gardner (@KenGardner11) December 22, 2017
https://twitter.com/AdamBremmeyer/status/944222479576317952
On the heels of all of this winning, the President explained that the media would never give him the positive credit that he so richly deserves, so he and his staff would simply put the data together for them.
“The President has accomplished some absolutely historic things during this past year.” Thank you Charlie Kirk of Turning Points USA. Sadly, the Fake Mainstream Media will NEVER talk about our accomplishments in their end of year reviews. We are compiling a long & beautiful list.
— Donald J. Trump (@realDonaldTrump) December 22, 2017
With all my Administration has done on Legislative Approvals (broke Harry Truman’s Record), Regulation Cutting, Judicial Appointments, Building Military, VA, TAX CUTS & REFORM, Record Economy/Stock Market and so much more, I am sure great credit will be given by mainstream news?
— Donald J. Trump (@realDonaldTrump) December 22, 2017
The President also hopes that the Democrats will begin working with the GOP and his administration in an effort to make America everything it can be again.
At some point, and for the good of the country, I predict we will start working with the Democrats in a Bipartisan fashion. Infrastructure would be a perfect place to start. After having foolishly spent $7 trillion in the Middle East, it is time to start rebuilding our country!
— Donald J. Trump (@realDonaldTrump) December 22, 2017
The Democrats say they plan on using the GOP tax reform in their efforts to defeat the GOP in 2018, can they really be that insane?
Do they really believe that attacking what will most certainly be a very popular policy, is the way to win an electoral victory?
If so, the GOP may be poised to win a major upset in 2018.
Article posted with permission from Constitution.com
