Republicans Reject Obama Tax Proposal Sight Unseen

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I just finished reading three stories about President Obama’s upcoming proposal to revamp the corporate tax system in return for some short-term infrastructure spending. However, White House officials have apparently been very sparing with details, because none of the stories made it clear just what tax breaks Obama was offering. The whole thing is still very vague.

But one thing was clear: Republicans have rejected it. Completely. They’re not interested in waiting for the details. They’re just against it, full stop.

Welcome to America.

UPDATE: I’m not sure if this is online yet, but for the record, here’s the summary from a White House fact sheet on Obama’s proposal:

FACT:

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FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2020 demands.

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