Thinking about the #CorkerKickback as I watch “All The President’s Men”

I know I should be studying up on the so-called “Corker kickback“, and what appears to have been a successful attempt on the part of Republicans to actually purchase a vote for their unpopular tax plan, but, with all last night’s talk about Nixon and the Saturday Night Massacre, I’ve decided to just lay in bed with a pint glass of scotch and watch All The President’s Men.

Before I leave you, though, here’s just one thought about Republican Bob Corker, who, as you’ll recall, initially voted against the tax bill because it would increase the federal deficit… “I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations,” Corker said a few weeks ago, when he was the single Republican to vote against the controversial legislation, which would transfer billions of dollars in wealth from working American families to the super rich. Now, though, Corker says he intends to vote yes on the bill, even though it would still add an estimated $1.5 trillion to the deficit – the same as the original bill he voted down. While the impact on the deficit didn’t really change, however, a few other things did. For instance, the Republicans, just prior to Corker’s change of heart, added a provision in the bill that would further enrich the Senator from Tennessee, who is already worth approximately $50,717,522. When asked about this strange coincidence today, Corker, the former “deficit hawk,” responded by saying that he wasn’t aware of the change. In fact, he said he hadn’t even read the bill he’s now supporting. “I never saw the actual text,” he told reporters… which kind of begs the question, “Why, if this bill still adds $1.5 trillion to the deficit, did you decide to change your vote, especially without having read it?” Far be it for me to tell anyone what to do, but, if I lived in Tennessee, and had a net worth of less than $10 million, I’d be looking for something to smash and set on fire right now.

[Information on how to push back against this horrifically cruel and poorly thought through tax bill, which is supposed to go to a vote on Tuesday in both the House and Senate, can be found here.]

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  1. Posted December 18, 2017 at 9:08 pm | Permalink

    And don’t just go after Corker. Be sure to save some vitriol for Susan Collins as well, as she’s apparently decided to break her promised not to support legislation that would see more of her constituents uninsured.

  2. anonymous
    Posted December 19, 2017 at 9:19 am | Permalink

    Watergate was nothing compared to what we’re seeing now.

  3. Congressman Ted Lieu
    Posted December 19, 2017 at 11:12 am | Permalink

    ‏Sen Corker voted no on the Senate tax bill because it explodes the deficit. REVISED TAX BILL ALSO EXPLODES THE DEFICIT. But Sen Corker is now a yes vote. Is it because of the #Corkerkickback? Only other explanation is

    there really isn’t any other good explanation is there?

  4. Iron lung
    Posted December 19, 2017 at 12:58 pm | Permalink

    Its amazimg how during election time, Republican voters maintain that their candidates could do no wrong.

  5. Paul Krugman‏ by proxy
    Posted December 19, 2017 at 3:17 pm | Permalink

    So as I understand it, the Corker/Trump loophole/kickback would let many highly paid professionals dodge taxes as follows: first, buy the building you work in. Then charge yourself an exorbitant rent. This shifts income into your low-tax LLC. Voila! Many other scams likely.

  6. Jean Henry
    Posted December 19, 2017 at 7:58 pm | Permalink

    Thanks for the reminder. I think I’ll watch All the President’s Men with the kids this vacation. As complement, I highly recommend Our Nixon, a doc constructed entirely of home super 8 movie footage made by said President’s Men as well as the WH tapes. It shows the build up and the downfall in a way retrospect never will. I couldn’t find it free, but it’s a couple bucks via you tube or amazon etc etc.

  7. Posted December 19, 2017 at 10:37 pm | Permalink

    Having to answer these questions is making Corker sad.

  8. Jean Henry
    Posted December 22, 2017 at 12:37 pm | Permalink

    This was good. The real long term threat of this tax reform and the wealth hoarding tendencies in general is that it is (understandably) undermining faith in and the credibility of the very institutions necessary to correct it. How can we turn out the necessary votes to fix this mess in 2018 when so many people are giving up on the process entirely?

  9. Demetrius
    Posted December 22, 2017 at 1:33 pm | Permalink

    If people are “giving up on the process entirely,” perhaps it is because they no longer believe there’s anybody left in Washington who will stand up for their interests. Case in point: Just today, 17 Democratic U.S. Senators (including Michigan’s Stabenow and Peters) voted to support the Republican “stopgap” spending bill … which is only necessary because Washington has spent the past few weeks obsessed with passing insanely generous tax cuts designed to benefit already obscenely wealthy individuals and corporations.

    Again – if Democrats want to win the “necessary votes” to begin fixing this mess, they need to stop playing patty-cake with plutocrats … and begin standing up (for real) for poor and working-class Americans.

3 Trackbacks

  1. […] it’s being estimated that the Republican tax plan, thanks in part to the last-minute “Corker kickback,” will net Trump $15 […]

  2. […] it’s being estimated that the Republican tax plan, thanks in part to the last-minute “Corker kickback,” will net Trump $15 Million. So much for his promise that the new plan would cost him a […]

  3. […] it’s being estimated that the Republican tax plan, thanks in part to the last-minute “Corker kickback,” will net Trump $15 Million… So much for his promise that the new plan would cost him […]

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