New York Times Report Suggests Mike Flynn Has Flipped on Trump and Is Working With Bob Mueller

Posted on November 23, 2017 at 4:43pm
Disgraced former national security adviser Michael Flynn’s legal team has notified the president’s legal team that they can no longer discuss the Bob Mueller investigation, suggesting that Flynn is either cooperating with the investigators or negotiating a deal, according to The New York Times.

According to the report, Flynn’s attorneys had been sharing info with Trump’s lawyers about Mueller’s investigation. That sharing agreement has been terminated, according to four people who spoke to The Times.

“Defense lawyers frequently share information during investigations, but they must stop when doing so would pose a conflict of interest,” The Times explains. “It is unethical for lawyers to work together when one client is cooperating with prosecutors and another is still under investigation.”

While the move does not prove Flynn is cooperating with Mueller, the notification has led Trump’s lawyers to believe Flynn is at least negotiating a deal.

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Trump’s Tax Cuts Are the Biggest Wealth Grab in Modern History

By Josh HoxieNovember 3, 2017
On Nov. 2, Republicans in Congress finally released the details for their tax plan. The Tax Cuts and Jobs Act is a massive overhaul of the tax code and spending priorities—and nothing short of a boon to the very wealthy at the expense of everyone else.

I’m old enough to remember way back to Nov. 1, when CBS released a poll showing most Americans wanted to see the wealthiest households and biggest corporations pay more, not less, in taxes. This is in sync with poll data from Gallup, collected year after year since 1992, that shows a solid majority of Americans believe the wealthy pay too little in taxes.

Given such overwhelming support for raising, not cutting, taxes on the wealthy, it makes sense that President Donald Trump and his allies in Congress would present their tax plan as benefiting the middle class rather than the rich. It’s about “people who are low- and middle-income,” says House Speaker Paul Ryan, “not about people who are really high-income earners getting a break.” Trump has even claimed “the rich will not be gaining at all with this plan.”

Unfortunately, those are bald-faced lies.

The plan includes weakening and then eliminating the federal estate tax, a levy paid only by the wealthiest households in the country—it only kicks in on estates worth over $5.5 million for individuals and $11 million for couples.

It also eliminates the alternative minimum tax, which exclusively benefits households with incomes over $200,000. And it drops corporate tax rates to 20%, the overwhelming benefit of which goes to the very wealthy and—contrary to what the president might say—will not create jobs, as a study by my Institute for Policy Studies colleague Sarah Anderson found earlier this year.

The tax plan includes eliminating tax deductions that benefit many middle-class Americans as well. On the chopping block are the state and local tax deduction and the student loan interest deduction, among others.

It was just a week ago that House Republicans passed a budget proposal that paved the way for this tax cut plan. That budget included nearly $6 trillion in cuts to Medicare, Medicaid, education, and other public services.

Make no mistake, this will hurt. To understand just how much, consider the opportunity cost. The tax plan includes adding $1.5 trillion over 10 years to the national debt, or $150 billion a year that’s not accounted for by increasing revenue elsewhere or cutting spending.

The Center on Budget and Policy Priorities calculated that $150 billion would cover doubling Pell Grants for low- and middle-income college students, doubling cancer research funding at the National Institutes of Health, providing child care assistance to six million children, providing opioid addiction treatment to 300,000 people, funding the full backlog of needed maintenance at the National Park Service, and training 3.5 million workers for in-demand jobs—combined.

Instead of doing any of that, the plan proposes shoveling that money over to the already wealthy.

Given such tradeoffs, it’s a wonder this plan has seen the light of day, much less has a significant chance of becoming law. The more we learn about this proposal, the more there is not to like, which is an incentive for Republicans in Congress to pass it before the public understands what’s going on.

Don’t get caught sleeping on the biggest wealth grab in modern history.

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