Shocking: JEB! Bush Has Made a Huge Mistake

It's not about what I say, It's about WHO I AM! Crown me NOW!

(Daily Intelligencer) - When Marco Rubio proposed his massive tax-cut plan a few months ago, he left the details so vague it could not be analyzed. (Robert McIntyre of Citizens for Tax Justice, which measures which income groups benefit from a given tax cut or increase, told me Rubio’s plan was “impossible to model” because it was “incoherent.”) The incoherence has been a boon to Rubio, who has been able to portray his plan as a departure from Republican orthodoxy, without any hard numbers that could (and surely would) disprove his spin.

And last week, when Jeb Bush released his own proposal, itappeared at first he would follow suit. But Bush has filled in enough details that his plan’s impact could actually be measured. He’s made a huge mistake. 

Citizens for Tax Justice has run the numbers, and it turns out a whopping 53 percent of the benefit of Bush’s plan would accrue to the richest 1 percent of taxpayers. By contrast, his brother’s tax cut in 2000 gave 40 percent of its benefit to the richest 1 percent — which is a lot, but less than an outright majority.  Read more.