Axelrod: You Can Argue Good Or Bad, But Trump Is Doing Consequential Things

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David Axelrod, chief strategist for Barack Obama's presidential campaigns and CNN commentator, joins CNN's John Berman to discuss the GOP tax plan and the Trump presidency.

"He is doing consequential things," Axelrod said. "I have doubts about whether the consequences are going to be positive, but you cannot deny this is an impactful piece of legislation, and he has had an impact with some of his other policies."

Axelrod makes the case that the Republican tax plan which passed Wednesday "is a consequential bill, it is a major rewrite of the tax law. It does greatly reduce corporate taxes. It shifts the tax code a little more in favor of wealthy Americans."





"It is advertised as something that will spur growth. We'll see -- the Fed and most experts suggest only modest job growth and gains. It is good for shareholders. All of that will reveal itself in the future," Axelrod continued.

"But it is a big policy shift, as these things often are. Certainly on healthcare is going to make a big difference. It is added some preferences, taken some preferences out of the tax code," he said. "So this is big. His rapid regulation of the environment, of consumer protection. Of finance. Huge. Pulling out of global agreements, very, very big. He is doing consequential things."

"I have doubts about whether the consequences are going to be positive, but you cannot deny this is an impactful piece of legislation, and he has had an impact with some of his other policies."

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