“Republicans Are Candid About the True Price of the Tax Bill”

Ciara Torres-Spelliscy:

Republican contributors were not amused by the Senate’s lack of accomplishment and withheld money for the 2018 campaign. Donations to Senate Republicans went from $7 million in March to only $2 million in July and August, “a poor showing for a majority party with a decided advantage on the midterm map,” wrote The New York Times.

Now it’s no surprise the wealthy put money into politics seeking tax benefits for their businesses, themselves and their heirs. But what is different this year is the surprising candor of both donors and recipients – officeholders allegedly representing all of their constituents, rich and poor alike – about the transactional nature of the game. The equation could not be simpler: donations in exchange for tax cuts.

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