“The problem is that the economy is not improving because the middle class has been decimated.”
That’s the long and short of it. Without the middle class, there will only be the rich and those who serve them.
Which is why 0care repeal needed to happen first. The premiums and sky high deductibles are killing us.
Since that never happened, any ‘tax reform’ would have to throw the middle class a pretty big bone to even offset the corrosive effects of 0care.
Normalizing interest rates should have been done years ago and now it’s probably too late to do without igniting shock waves throughout the economy.
At this point, I’m not 100% in favor of lowering taxes. Any savings the middle class might get will be sucked up by out of control health insurance and medical expenses. As you state, the first piece of the puzzle had to be to repeal Obamacare.