Why the Critics of the Tax Reform Are Wrong

Neither the deficit nor the 'tax cut for the rich' arguments have any merit

Senate Majority Leader Mitch McConnell (R-KY) addresses a tax reform news conference with Sen. Shelley Moore Capito (R-WV) and representatives from small business interest groups in the Dirksen Senate Office Building on Capitol Hill in Washington, DC on November 30, 2017. Chip Somodevilla/Getty Images

Mainstream commentary on the tax reform is mostly negative. But why is the response from the globalist crowd so aggressive?

Some economists are worried it could raise the deficit. However, the same people didn’t mind President Barack Obama’s government spending spree, which resulted in the highest deficits in the nation’s history.