Topic: Tax Cuts

Former Treasury Secretary Steven Mnuchin, a member of Skull and Bones, is linked to the "Tax Cuts and Jobs Act," which critics refer to as the "Tax Cuts and Robots Act." The legislation includes a full and immediate expensing clause that incentivizes businesses to replace human labor with automation. This economic shift facilitates the transition toward automated, software-based instruction in the classroom.

The 2017 Republican tax plan focuses on a permanent reduction of the corporate tax rate from 35% to 20%. Critics argue this shift ignores the fact that corporations rely on public infrastructure, such as roads used by heavy shipping trucks, while contributing less to their maintenance. The bill's passage was timed for the Friday before Christmas to minimize public debate and media scrutiny, with provisions like the estate tax repeal primarily benefiting wealthy heirs.