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GOP strategist flays Republican tax plan: ‘Anyone who thinks this will trickle down has staggering ignorance’

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Republican strategist Steve Schmidt on Thursday blasted his party for pushing a tax plan that he said will do little to help the working class while providing huge cuts for the wealthy and large corporations.

During a discussion about the GOP tax plan on MSNBC, host Stephanie Ruhle noted that the White House had promised for 168 days to give her an interview on tax reform.

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“There are corporations that are almost embarrassed about this, saying, ‘Man, we didn’t ask for a gift this big,'” Ruhle observed.

Schmidt pointed out that the GOP tax plan “has an approval rating in the mid-20s.”

“Generally speaking, when you are heading into an election, the things you pass, you want them to be popular,” he continued. “If you look at the battleground for control of the Congress, there are Republican seats in the state of New York, Republican seats in the state of California. This is going to make it more difficult for Republicans to hold those seats because, in those states, this is a tax increase, not a tax cut.”

Schmidt added: “The fundamental economic problem is a lack of real wage growth for middle-income workers. It’s such a problem that it’s destabilizing our poitics because it’s a problem that’s been building for a generation. This does nothing to deal with that. It doesn’t drive growth for that part of the population.”

“And anybody who thinks that this corporate tax cut is going to trickle down to lift wages has a staggering ignorance of how public companies function,” he concluded.

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Watch the video below from MSNBC.

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Republicans are treating voters like ‘children’ with their defense of Trump: Ex-presidential adviser

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On Thursday's edition of CNN's "Anderson Cooper 360," former presidential adviser David Gergen laid into Republican lawmakers for claiming that the impeachment probe is only based on "hearsay."

"The Republicans are treating us like idiots," said Gergen. "They just — they say you're only bringing forth hearsay. You don't have any firsthand information. We know there are three people who know exactly what happened. One is named [Rudy] Giuliani. One is chief of staff [Mick] Mulvaney and the third is [John] Bolton. And what's happened here? They all three have been called. The president said no, you must not talk. So the Republicans then come up and say, well, you only have hearsay."

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Roger Stone’s health in question as prosecutors have him ‘dead to rights’: NBC reporter

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Jurors deciding the fate of longtime Donald Trump political advisor Roger Stone did not reach a verdict during their deliberations on Thursday and will reconvene on Friday morning.

But there were fascinating details from the courtroom revealed by NBC News correspondent Ken Dilanian.

"What about Roger Stone, does he look like he’s about to burn here?" MSNBC anchor Chris Matthews asked. "Does he look like he’s going down?"

"He does," Dilanian replied.

"And also, physically, he doesn't look well at this trial. He’s walking around the courthouse kind of unaccompanied, shambling around," he continued. "He doesn't look like a happy warrior, which is usually his persona."

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GOP lawmaker smacked down after suggesting impeachment is only for capital crimes

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On Thursday's edition of MSNBC's "All In," Rep. Tom Reed (R-NY) tried to argue that impeachment is only intended for when presidents commit capital crimes — and was immediately corrected by anchor Chris Hayes.

"I saw an earlier interview you gave to Chuck Todd where you didn’t think this was, so far, from what you’ve heard of, the level of impeachable behavior," said Hayes. "I’m curious what you view the standard as the Constitution sets out for you as being high crimes and treason and misdemeanor."

"Crimes that are subject to the penalty of death is essentially what the Constitution is to me indicating with impeachment," said Reed. "And this whole claim of bribery, the American people aren’t stupid, Chris. This is not going to sustain the review of the American people, and they’re the ultimate ones who are going to judge this because I don’t see this becoming an impeachable subject to the removal of the president."

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