Here's How The GOP Is CHEATING You With The New Tax Bill

In this Majority Report clip, David Dayen joins me to discuss the horrible GOP tax bill that's about to become law in America. Dayen and I discuss how this new tax code will incentivize Americans to game the tax system become corporations themselves. For those still uncertain of what happens when you cut taxes and increase spending look no further than what happened with Kansas under Sam Brownback where popular programs were cut after S-corp loopholes led to a huge deficit in the state budget.

Although states cannot have deficits, at the federal level "the deficit" is often the argument used to cut unwanted spending programs namely entitlements. Do you think we will benefit from the tax bill?