Fox Business Host and Conservative Economist Slam Trump’s ‘Disgraceful’ Tax Bill (Video)

It’s not every day when someone on a Fox cable network levies negative criticism against Donald Trump (though it does happen from time to time) — let alone two people on the same day. Well, that’s what happened when Fox Business Network’s Trish Regan and conservative economist Ben Stein slammed Donald Trump’s tax plan as a “disgrace,” in particular for going against one of his major campaign promises to do away with carried interest.

For those of you who might not know what carried interest is, it’s basically a scam that allows private equity firms and hedge funds to have their profits taxed at roughly half the rate of regular income

“I mean this is what Americans rebelled against, right?” Regan stated. “I think in part this election, and reason why they sent Donald Trump there, I found it very refreshing on the campaign trail when he kept saying he wanted to close this carried interest loophole,”

“Ben, I’ve gotta tell you, I was shocked,” she added.

Anyone who’s “shocked” that Trump lied about something is a naive fool. He’s nothing but a con artist who was saying whatever he felt people wanted to hear. He didn’t even understand most of what he was saying, which made the vast majority of his promises meaningless — he just knew it’s what his voters wanted to hear so he kept making these big false promises over and over again.

To his credit, there’s really no reason for him to feel the need to keep any of his campaign promises because his supporters never hold him accountable for anything.

Thus far his biggest “accomplishments” are taking credit for the strong economy he inherited from Barack Obama that he’s had practically nothing to do with, and a tax bill that’s going to ultimately raise taxes on many middle class Americans — while giving the rich massive tax breaks and adding trillions to the national debt.

I can remember the days when all I heard from Republicans was how important it was to reduce our deficits and pay off our national debt. Though, as always, they only use that rhetoric whenever a Democrat’s in office. Once a Republican is elected, Republicans couldn’t care less about our national debt or our deficits.

Stein then added that Republicans got away with this tax scam basically because most of their supporters are ignorant about how taxes work, therefore they could easily fool them into thinking this bill was actually going to help them.

“It’s insane what you can buy in politics in terms of the tax code,” Stein said. “The idea people don’t understand it and therefore we can do it, that’s just a disgraceful excuse.”

Watching Trump supporters sheepishly praise, cheer, and defend a policy that facts, reality, and common sense tell any rational person is going to backfire on them is maddening. Part of me laughs at how utterly ignorant they are, while the other part of me boils in frustration that so many people can be so incredibly stupid.

It’s moments like this where I think of the saying that a lot of people often use as it pertains to Trump supporters: In the 2016 election, they lost, too — they just haven’t realized it yet.

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Watch the exchange below via Fox Business:

Allen Clifton

Allen Clifton is a native Texan who now lives in the Austin area. He has a degree in Political Science from Sam Houston State University. Allen is a co-founder of Forward Progressives and creator of the popular Right Off A Cliff column and Facebook page. Be sure to follow Allen on Twitter and Facebook, and subscribe to his channel on YouTube as well.


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