Although President Trump and Congressional Republicans are hailing their tax bill as a great legislative victory, they failed to achieve many of their objectives and suffered significant defeats. Among them:
* They failed to eliminate the estate tax.
* They failed to eliminate the alternative minimum tax.
* They failed to make the individual tax cuts permanent.
* They failed to eliminate the mortgage interest and SALT deductions.
* They failed to reduce the number of tax brackets.
* They failed to simplify the tax code.
* They failed to enact significant middle class tax cuts.
* They failed to make the tax cuts pay for themselves.
* They failed to lift restrictions on political activity by churches.
* They failed to get “fetal personhood” language into the final bill.
* They failed, again, to completely repeal Obamacare.
* They failed to write get bipartisan support for their tax plan.
* They failed to win popular support for their tax plan.
So much winning!
(Cross-posted from HorsesAss.org)