The two leading candidates for the Republican nomination like to hob knob with the common folk. To show they are one of them, Senator Ted Cruz is wearing jeans and shirt with no tie. Donald Trump likes to wear his ball cap and hand them out as souvenirs. Yet, there is a big snag in their efforts.
Both Cruz and Trump have put forth tax proposals that have significant tax cuts for the wealthy. And, to make matters worse, both tax plans would materially increase the deficit to the extent there are not enough spending cuts to reduce the deficit, per former Republican Senator Alan Simpson.
While the tax cut for the rich is vintage Republican fare, the fact that both proposals increase the deficit run counter to the Tea Party concerns over reducing the deficit and debt. In Cruz’ case, it is especially hypocritical as he personally shut down the government in October 2013 and we would have defaulted on our debt if it were not for ten female senators who told Cruz to get out of the pool. Cruz said he did not care as he wanted to prove a point about the deficit. Yet, his tax plan would materially increase the deficit.
I have often said any Tom, Dick or Harry can get elected saying they will cut taxes. But, we need better stewardship than that. We need to pay down our debt and spending cuts cannot do it alone. That was the conclusion reached by the Simpson-Bowles Deficit Reduction Plan.
One thing is for sure. Neither Cruz or Trump can claim common status by doing exactly what the Republican establishment tends to do – favor the wealthy. That is not quite the revolution their fans are likely hoping for. Plus, being poor stewards with our debt strikes me as salesmanship and not governance.