Yesterday’s New York Times included a brief but useful summary by John Broder about Sen. John McCain’s progress in reinventing himself from the brave maverick of GOP politics into the Chosen One of Republican elites, including many key veterans of George W. Bush’s two campaigns.I’ve long been a skeptic about McCain’s ability to propitiate the conservative ideologues that still own the Republican Party without losing the reputation that would make him a formidable nominee in 2008. But he’s off to a pretty good start, given his consistent front-running status in early GOP ’08 polls; his love-fest with prominent Bushies; and the high esteem he still enjoys from many mainstream media types. And lest we forget, the combination of very high and relatively positive name ID and insider backing is what lifted McCain’s former nemesis, George W. Bush, to the nomination in 2000.Broder’s summary of McCain’s pivot does not mention one factoid that the photo accompanying it illustrates: McCain yukking it up with attendees of the Iowa State Fair. He famously skipped the Iowa Caucuses in 2000, after conspicuously disrespecting the Ethanol Subsidy that ranks just behind the State Fair’s Butter Cow sculpture as Iowa’s Most Sacred Cow. McCain has now flip-flopped on ethanol, and is spending a lot of time in Iowa.McCain’s pivot, of course, most depends on the panic of Republicans who see the White House slipping away in 2008, and figure only a “maverick” like the Arizonan can save their bacon. The same underlying dynamic may doom a McCain general election candidacy, and thus his “electability” appeal, particularly if he continues to flip-flop on domestic issues, while championing the Bush administration’s disastrous course of action in Iraq.And even if McCain goes into the presidential cycle as the clear GOP front-runner, there’s no question many conservative movement types will continue to cast about for an alternative. At one point, Sen. George Allen of VA looked like a strong possibility for the Anybody-But-McCain (ABM) effort, but his sparse positive qualifications are clearly being overwhelmed by his current troubles. Right now the big debate about Allen is whether he’s a racist obnoxious jerk, or an equal-opportunity obnoxious jerk. No less an authority than Charlie Cook is already saying Allen’s presidential star has fatally fallen, and for that matter, Georgie is now in danger of losing his Senate seat.At present, the insider buzz about GOP alternatives to McCain revolves around Mitt Romney of Massachussets. Aside from the improbability of the Right readily embracing a guy once thought of as a northeastern moderate, whose most notable recent accomplishment was signing a quasi-universal health insurance bill, there’s the Mormon Issue. Last year Amy Sullivan wrote an important article examining probable conservative evangelical concerns about a Mormon candidate, but the problem could go deeper, since the unusual nature of LDS doctrines could discomfit some Catholics, mainstream Protestants and secular conservatives as well as evangelicals.The real darkhorse for the ABM mantle remains Arkansas Gov. Mike Huckabee. Expect a boomlet to form around him at some point in the near future.
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Editor’s Corner
By Ed Kilgore
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April 25: Democrats Dodge Bullet As Trump Kills Higher Income Tax on the Wealthy
Sometimes dogs that don’t bark are very significant, and I noted one at New York:
Republicans have both an arithmetic and a messaging problem as they try to enact Donald Trump’s second-term agenda via a giant budget-reconciliation bill. The former involves finding a way to pay for the $4 trillion-plus tax cuts Trump has demanded, along with a half-trillion or so in border security and defense spending increases. And the latter flows from the necessity of hammering popular federal programs (especially Medicaid) to avoid boosting budget deficits that are already out of control from the perspective of conservatives. This sets up Democrats nicely to deplore the whole mess as a matter of “cutting Medicaid to pay for tax cuts for Trump’s billionaire friends,” a very effective message that has vulnerable House Republicans worried.
To interrupt this line of attack while making the overall agenda slightly more affordable, anonymous White House sources lofted a trial balloon earlier this month via a Fox News report:
“White House aides are quietly floating a proposal within the House GOP that would raise the tax rate for people making more than $1 million to 40%, two sources familiar with discussions told Fox News Digital, to offset the cost of eliminating taxes on overtime pay, tipped wages, and retirees’ Social Security.
“The sources stressed the discussions were only preliminary, and the plan is one of many being talked about as congressional Republicans work on advancing President Donald Trump’s agenda via the budget reconciliation process.
“Trump and his White House have not yet taken a position on the matter, but the idea is being looked at by his aides and staff on Capitol Hill.”
The idea wasn’t as shocking as it might seem. Trump’s 2017 tax cuts reduced the top income-tax rate from 39.6 percent to 37 percent, so just letting that provision expire would accomplish the near-40 percent rate without disturbing other goodies for rich people in the 2017 bill like corporate-tax cuts, estate-tax cuts, and a relaxed alternative minimum tax for both individuals and corporations. One House Republican, Pennsylvania’s Dan Meuser, suggested resetting the top individual tax rate at 38.6 percent, still a reduction from pre-2017 levels but a “tax increase on the rich” as compared to current policies.
Crafty as this approach might have been as a way of boosting claims that Trump had aligned the GOP with middle-class voters (the intended beneficiaries of his recent tax-cut proposals) rather than the very rich, the idea of backing any tax increase on the allegedly super-productive job creators at the top of the economic pyramid struck many Republicans as the worst imaginable heresy. You could plausibly argue that total opposition to higher taxes, or even to progressive taxes, was the holy grail for the party, more foundational than any other principle and one of the remaining links between pre-Trump and MAGA conservatism. At the very idea of fuzzing up the tax-cut gospel, old GOP warhorses like Newt Gingrich and Americans for Tax Reform’s Grover Norquist arose from their political rest homes to shout: unclean! Gingrich called it the worst potential betrayal of the Cause since George H.W. Bush cut a bipartisan deficit-reduction deal in 1990 that included a tax increase.
As it happens, it was all a mirage. In virtual unison, both Trump and House Speaker Mike Johnson have said a high-end tax cut won’t happen this year, as Politico reports:
“President Donald Trump and House Speaker Mike Johnson on Wednesday came out against a tax hike on the wealthiest Americans — likely putting the nail in the coffin of the idea.
“Trump told reporters in the Oval Office that he thought the idea would be ‘very disruptive’ because it would prompt wealthy people to leave the country. …
“Johnson separately knocked the idea earlier in the day, saying that he is ‘not in favor of raising the tax rates because our party is the group that stands against that traditionally.’”
Trump’s real fear may be that wealthy people would leave the GOP rather than the country. Many are already upset about Trump’s 19th-century protectionist tariff agenda and its effects on the investor class. Subordinating the tax-cut gospel to other MAGA goals might push some of them over the edge. As for Johnson, the Speaker is having to cope with the eternal grumbling of the House Freedom Caucus, where domestic budget cuts are considered a delightful thing in itself and the idea of boosting anyone’s taxes to succor the parasites receiving Medicaid benefits is horrifying.
If Trump’s “big, beautiful” reconciliation bill runs into trouble or if Democrats set the table for a big midterm comeback wielding the “cutting Medicaid to give billionaires a tax break” message, squashing the symbolic gesture of a small boost in federal income-tax rates for the wealthy may be viewed in retrospect as a lost opportunity for the GOP. For the time being, that party’s bond with America’s oligarchs and their would-be imitators stands intact.