By passing the $1.5 trillion tax cut bill, Congress has delivered a long-awaited victory to President Donald Trump and, according to the president, to the American people, writes Ali Vitali of NBC News. By slashing corporate tax rates, this “historic” bill will keep businesses in the country and bring even more stateside, a huge boost for the economy, especially America’s middle class. The icing on the cake for the GOP is that this bill also repeals the individual health care mandate, a key component of Obamacare. The tax cut bill is a hard-won legislative achievement for the Trump presidency and is deserving of praise.
While President Trump will revel in Congress’s achievement of passing the tax cut bill, thereby fulfilling his promise to make America great again, this victory will most likely be short-lived, argues Jonathan Freedland in The Guardian. Given that this bill, the most substantial overhaul to the US tax system since 1986, was opposed by 55% of the US voters, its passing strengthens the chances of Democrats to win back control of Congress during mid-term elections next November. Once voters understand that Trump used this bill to make himself and his friends even richer at the expense of regular Americans who voted for him, the GOP is finished.