The wealthy donors for whom the G.O.P. will apparently do anything, up to and including covering up for possible treason, will get no joy from their tax cuts.My published response:
I don’t mean that history will judge them harshly, although it will. I don’t even mean that plutocrats as well as plebeians will eventually suffer if America becomes a lawless, authoritarian regime. I mean that a few hundred thousand dollars extra will do little if anything to make the already wealthy more satisfied with their lives.You might well ask, who cares? Even if tax cuts would make the rich joyful, this shouldn’t count against the sheer misery Republicans are trying to impose on the tens of millions of people they’re trying to deprive of health care, food stamps, disability benefits and more.Still, for some reason I find it fascinating that all this misery, plus the possible destruction of constitutional government, may happen without even making the intended beneficiaries happy.
Making this all about the feral GOP donor class lets the "good rich" off the hook. It isn't a matter of Republicans vs Democrats. It's a matter of the rich versus the rest of us. And it's bipartisan. Why else are "centrist" Democrats, like Wall Street mogul Steve Rattner, so rabidly against Medicare for All?
As Gilens and Page established in their study of affluence and political influence, even most wealthy Democratic donors are against increased spending for public education and higher taxes to pay for true universal health care. As a result, more often than not, the beholden Congress does the exact opposite of what the voters want and need.
And as Forbes's latest annual wealth list reveals, the 400 richest US billionaires now own as much wealth as the bottom 60% of the population combined. This obscene inequality is making even the ultra-rich so nervous that one UBS banker suggested a "cure" of more public exhibits of plutocratic art, and more investment in sports teams. This noblesse oblige would not, however, extend to actual free admission for the public. Even the despots of the crumbling Roman Empire let their citizens watch the gladiators get killed for free.
So Trump isn't the only clueless tycoon who thinks that his dollars are equivalent to IQ points. Even if he were kicked out tomorrow, there's plenty more where he came from.
It's total war. It's 400 plutocrats' combined net worth of $2.68 trillion against the rest of us. It's the antithesis of democracy.