House Minority Leader Nancy Pelosi (D-CA) clearly wasn’t prepared for tough questions from normally sympathetic college students while she was speaking at the far-left Georgetown University.
Pelosi got more than she bargained for from an inquisitive student who wanted to know how she could refer to thousands of dollars in tax savings for each American family as nothing more than “crumbs.”
“You’ve spoken about the effects of the Republican tax plan, specifically referring to its effects on average Americans as ‘crumbs,’” the student said. “As the son of small business owners, I know that it’s helped my parent hire more employees. It’s helped us pay off our mortgage, helped put me through college.”
“Would you still refer to the effects of this tax plan on average Americans as crumbs?” the young man asked. Watch the exchange below:
Uploaded by Washington Free Beacon on 2018-04-24.
The hard-boiled query came during a student town hall and Q&A session on Tuesday at The Georgetown Institute of Politics and Public Service at the McCourt School of Public Policy. “Leader Pelosi will share her vision for ‘A Better Deal for America’ in a question-and-answer session with the university community,” event organizers promised.
Pelosi’s town hall was the counterscript to an April 2017 forum featuring Speaker of the House Paul Ryan (R-WI). Unlike Pelosi, who said, “I feel very at home here,” after fielding mostly gentle and obliging questions, Ryan was grilled during his appearance and forced to answer for every one of the perceived sins of his party.
Still, Pelosi had one meaningful question to answer, and when asked if she would still refer to the substantial tax savings experienced by middle class Americans as crumbs, she punted.
“Yes, there are some benefits that some are feeling in a particular way with the tax bill,” Pelosi admitted before deflecting. “My statement was really a fuller statement that says while they provide a banquet for the top one percent, they are giving some crumbs to other people.”
If America’s wealthy are being treated to a “banquet” in tax savings, Pelosi sits at the head of that table as a member of the top 1 percent of earners. In fact, her 2015 financial disclosure statements place the House minority leader in the top one-tenth of 1 percent of the wealthiest Americans — figures that just don’t play well with Pelosi’s self-proclaimed status as a champion for income equality.
Incidentally, if the rich are being treated to a “banquet” by the GOP’s tax reforms, the main course still includes 37 percent federal income taxes for the wealthiest Americans versus just 22 percent for median wage earners. Even with a 2.6 percent tax cut, the U.S. government is treated to an all-you-can-eat buffet at the bequest of the American upper-class, with the top 1 percent of earners covering an enormous portion of the U.S. budget.
Too much or too little?
When Pelosi says that “some” will benefit from the Republican tax plan, she is being intentionally vague. In fact, 90 percent of Americans in the middle income quintile are going to receive a tax cut. Yet, rhetoric from the left has been so effective that just one-third of Americans think they will receive a cut even as their paychecks grow fatter from the savings.
For the bill’s detractors, either the Republican tax cuts were nothing more than table scraps for ordinary Americans, or the nearly $2 trillion in deficits caused by those cuts is going to sink the U.S. economy. Unfortunately, Pelosi has tried to argue it both ways — insisting that the GOP tax plan is simultaneously too much and too little.
In reality, Pelosi’s partisan efforts to discredit the tax reforms are utterly transparent. It’s getting embarrassing.