Courtesy of Mish.
Other than a Supreme Court nominee via force and waging war without asking, Trump is having difficulty getting much of anything accomplished.
With an Obamacare strikeout recorded on the books, tax overhaul is now in the batter’s box.
Is another strikeout coming?
The Wall Street Journal reports Democrats’ Conditions for Tax Overhaul Make Bipartisan Deal Unlikely.
Democrats are starting to settle on a price for participating in a tax-code overhaul, and many Republicans won’t want to pay it.
“Tax reform’s got to be responsible and it’s got to be progressive,” said Sen. Ben Cardin (D., Md.).
Mathematical Impossibility
It’s impossible for tax reform to be progressive and responsible. That’s like asking for something to be entirely black and entirely white.
Republicans could of course simply tell the Democrats to go to hell. Math does allow that possibility. But in the Senate, there can be at most two defections.
