.@BretStephensNYT, real REFORM would have paid for itself by blowing out egregious preferences and simplifying the tax code, as was done in ‘86. This law was a special interest bazaar, w/huge $ for rich, pennies for everyone else & big new deficits. https://t.co/8cEy0JV4xC

— David Axelrod (@davidaxelrod) December 23, 2017

.@davidaxelrod, David, I think your tweet both misses the point of the column while also proving it. Cheers. https://t.co/I9vvcLcDiE

— Bret Stephens (@BretStephensNYT) December 23, 2017

No, Bret, I got the point of the column, I just feel the law misses the point of reform. It did not “simplify” the tax code or come close to trading the elimination of egregious loopholes for lower rates, as in ‘86. In fact, it added some. It’s being sold as something its not. https://t.co/woOXOULsop

— David Axelrod (@davidaxelrod) December 23, 2017