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The Gist

Get Inside the Brain of Michael Rapaport

The Gist

Peach Fish Productions

News, Daily News

4.53.7K Ratings

🗓️ 2 November 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

The tax plan is out, and New Yorker writer Adam Davidson joins us to play One Question, One Question Only: Is this tax reform? And the voluble Michael Rapaport unleashes his opinions about various "stickmen" (read: athletic Casanovas) and why he's embarrassed to be a Knicks fan. Rapaport's new book is This Book Has Balls: Sports Rants from the MVP of Talking Trash, and he hosts the podcast I Am Rapaport.  And in the Spiel, what went wrong in protecting Americans from armies of Russian trolls.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Let me be explicit. Right now, in this podcast, there's some explicit language.

0:08.8

It's Thursday November 2nd, 2017, from Slated to the Gist I'm Mike Pesca.

0:13.6

The tax plan is out. The tax plan is out. I feel so alive.

0:18.4

CNN tweeted, read the full text and provided a link. And of course, I had to wait in.

0:24.0

I mean, how can we criticize our elected officials for not reading the bill?

0:28.4

If we don't read the bill, so went right in, skipped a page.

0:31.6

I'm just chose 225 and here I found one operating a nursery or a sod farm or two,

0:37.2

the raising or harvesting of trees bearing fruit, nut or other crops or ornamental trees

0:43.1

for purposes of sub-clos to an evergreen tree, which is more than six years old at the time,

0:48.1

severed from the roots shall not be treated as an ornamental tree. Okay, I'm out.

0:53.6

So let's call in an expert. Joining me now to play one question.

0:57.5

One question only tax addition. It's Adam Davidson. Adam is a writer for the New Yorker

1:02.0

on economic issues. He's the founder of NPR's Planet Money. He's a friend of mine.

1:05.2

Hello, Adam. How are you? Mike. So it's tax day. It's the day we figured out what would be

1:10.2

in the tax bill. We got the brackets. It's like March Madness. We wait for our brackets,

1:14.6

see where our team's going to play. This time we got the brackets. We know what income levels

1:18.6

the brackets will be affixed to. They kept acting like that was a minor detail.

1:22.5

That's like that is the tax code. That's like most of the tax cut. Okay, so here is my one question,

1:27.3

one question only. Is this a tax cut or cut cut cut as Trump wanted to brand it? Or is this really,

1:34.9

as they say, tax reform easy? This is a tax cut. It is not tax reform. Tax reform would normally be

1:43.8

what they call revenue neutral. It doesn't raise taxes. It doesn't lower taxes. It raises the same

1:48.0

amount of taxes, but it fundamentally changes how taxes are raised. So for example, one idea that

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