Yankees President Randy Levine Slams Trump’s Tax Plan As Swamp Deal

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.

Chris Dixon is a liberty activist and writer from Maine. In addition to being Managing Editor for the Liberty Conservative, he also writes the Bangor Daily News blog "Undercover Porcupine" and for sports website Cleatgeeks.

1 Comment

  1. Is it difficult to see the [Goldman Sachs] Tax Plan is the same agenda that John Perkins reveals Wall Street has foisted on nations to drive them into bankruptcy in CONFESSIONS OF AN ECONOMIC HIT MAN ? Greece has succumbed to the same scheme and sovereignty is being exercised by the Troika.

    The Tax Bill, as Levine details, confiscates humongous wealth from the middle class with a huge increase in deficit spending. The deficit spending is a direct profit for Wall Street financiers that is cleverly hidden by the Federal Reserve system.

    Deficit spending Treasury securities are auctioned by the FRBNY which has exclusive authority over disbursements. Ref. 31 CFR 375.3. The funds from the sales cannot go to the government. If it did, it would eliminate any increase in the National Debt and it would eliminate any increase in the amount of dollars in circulation (inflation). The scheme, moving money into banker controlled equity instead of consumption, inherently shifts value from the producers of goods and services to financiers. The stock and bond markets laundry the hidden profits with national bankruptcy as the inevitable historic termination. Ref.

Comments are closed.

Latest from Politics

Thanks for visiting our site! Stay in touch with us by subscribing to our newsletter. You will receive all of our latest updates, articles, endorsements, interviews, and videos direct to your inbox.