Here's Dylan Matthews with a good explainer of the House Republican Tax Proposal which was unveiled today. It's way too complicated for most Americans to understand…and I would imagine its proponents are counting on that. It's also not the final bill that will perhaps be passed by the Senate and sent to Donald Trump for signature. Since it's designed to give him a huge tax cut, what do we think he will do?
It's called the Tax Cuts and Jobs Act. I suspect there are people in this country who would back anything called the Tax Cuts and Jobs Act even if all the actual text did was make it legal to trap and eat your neighbors' pets and maybe their children. But at least the real, current version of the bill is not going to pass without a lot of rewrites and adjustments.