Randy Levine is a businessman and prominent supporter of President Donald Trump. He also has a large podium, being the President of the New York Yankees. In a recent Newsmax op/ed, he openly called on the President to reconsider his support for the proposed Republican tax plan.
The tax plan itself has been sitting on thin ice. Republicans time and time again have struggled to advance legislation, despite having majorities in both chambers and Trump in the White House. Supporters of the President blame the Republicans in Congress for failing his agenda.
Count Randy Levine as one of them.
In the op/ed, Levine hit the tax plan’s priorities. He speaks to what he believes are the President’s good intentions before stating they’re wrong. He states the tax plan isn’t much of a tax reform plan for everyday citizens, instead claiming it benefits special interest groups, Wall Street, and certain big businesses.
His approach isn’t the Bernie Sanders route of shutting down businesses, however. Being a businessman himself and President of one of the most recognizable sports franchises in history, he understands the need to support businesses.
But as Levine notes, while we shouldn’t penalize these interests who stand to gain the most, we shouldn’t be giving them special advantages either. That is cronyism, and what Trump was sent to Washington D.C. to stop.
The Yankees President notes that the elimination of numerous tax deductions doesn’t help the little guy whatsoever. Levine stated frankly that these plans benefit the interests that Trump campaigned against all last year.
Some fiscal conservatives have criticized unpaid tax cuts that add to the deficit, considering Republicans have long decried the practice itself. In this instance, Republicans have sold out their principles for a shallow political victory. They’ve become far too desperate to do something after a year of failure.
But as Levine points out, sometimes no deal is better than a bad deal. He appeals to the President’s background as a businessman and negotiator when making these points. Should President Trump just step back and rethink the entire issue?
The deficit has always been a big issue for Republicans. For the President, he campaigned on draining the swamp that has used the deficit as their own slush fund. Congressional Republicans appear all too desperate to make any deal, no matter how bad that proposed deal may be.
As Levine states, the President should be working for the everyday Americans who work hard and pay their taxes, not the special interest groups who stand to benefit most from this deal. Republicans should not be overcome with desperation to attain any single political victory. This is the inverse of “Art of the Deal.”
As the President of the New York Yankees, Levine has experience as a successful businessman. The President should listen to his advice on the issue, perhaps even invite him to negotiations. Make the tax plan better and don’t settle for anything less than victory, because a bad deal is worse than no deal.
No deal might keep the American people in the same difficult position they’ve been in, but a bad deal will make it much worse. In the words of Randy Levine, this is indeed a swamp deal.