Colbert: Money Will Trickle Down to the Rich from Tax Cuts When They Throw All Their Money in the Air
COLBERT: "Meanwhile, the trump Administration is veering dangerously close to accomplishment. Because the GOP tax bill looks like it will pass. Yes. After months of -- I know, but after months of clenching and pushing looks like the Republicans may finally pinch out a steaming loaf of legislation. The nonpartisan congressional budget office found the Senate version of these cuts would create a $1.4 trillion hole in the budget. I don't even cut everyone's taxes equally. By 2027, people making 40 to $50,000 a year will pay a combined 5.3 billion more in taxes while the group earning 1 million or more will get a 5.8 billion dollar cut. Don't worry, that will trickle down to the rich when they throw their money in the air and dance underneath it in joy. Whoa, whoa, whoa! That's actually very enjoyable."