When President Trump (aka Don the Con Man Trumpski) was asked by Speaker of the House Paul Ryan to name the new tax legislation slowly coagulating in D.C., he came up with this gem: the "Cut Cut Cut Act."
Were did this name come from? I asked an insider of the Cabinet (I went right to the top - Vladimir Putin's cabinet) for the details. Here's what I learned.
The first Cut is for taxes for the 1 percent.
The second Cut is for Medicare in 2018 to make up for the revenue lost giving such a big tax break to the 1 percent.
The third Cut is for the Social Security cuts in 2019 to make up for the revenue lost by the big tax break to the top 10 percent.
Heaven forbid we make hedge fund managers pay the same tax rate as the rest of the middle class, right?
Where did the "Act" part of the name come from? That's how Trumpski pretends he cut taxes on the rich - he "Acts."
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