The tax cut primarily helped rich people and corporations. It didn’t help the economy much and greatly increased the deficit. Now Republicans want to give more tax cuts to the wealthy. Sad!
as economy slows, recession risk rises and markets wobble, worth reviewing what 2017 tax cut has done so far
— John Harwood (@JohnJHarwood) August 12, 2019
Trump WH/GOP Congress said it would rev up growth, investment and wages
in this thread, what Congressional Research Service has found /1https://t.co/apj4tITYw5
The Trump tax cuts were supposed to increase business investment and keep revenue constant via growth. They utterly failed. https://t.co/XUlxUe1XTg https://t.co/KpsTRIA8XY
— Jonathan Chait (@jonathanchait) August 11, 2019
Last week: 21 Senate Republicans demanded immediate action from the Trump administration to cut capital gains taxes for the wealthy.
— Robert Reich (@RBReich) August 5, 2019
This week: 31 Americans are dead, and not a single one of these Senators has called for tighter gun laws.
Their priorities are clear.
GOP: Tax cuts to the wealthy and corporations will create jobs!
— Patriotic Millionaires (@PatrioticMills) August 4, 2019
Economy: Fewer jobs created.
GOP: We just need more tax cuts!https://t.co/peqncoMZCe
The #GOPTaxScam wasn’t reform—it was a heist. It showered corporations and the wealthy in tax giveaways and kicked everyone else to the curb. I’ve proposed real reform to ensure the wealthiest Americans and corporations pay their fair share.https://t.co/4IZmooXhld
— Elizabeth Warren (@ewarren) July 30, 2019
This is the GOP long con in a nutshell. Trump blazes away with raw and hideous racism. Meanwhile, he and his party look for ways to ship yachtloads of cash to the super wealthy. Don’t let them get away w it.
— Ben Wikler (@benwikler) July 30, 2019
Ted Cruz Demands Emergency Tax Cut for the Rich https://t.co/Z50EEDkRmY
Target $1.5 trillion in tax credits to working people, and they will spend the bulk of that money in their communities; target it at millionaires and billionaires, and they will hoard the bulk of it. And that's exactly what has happened. https://t.co/MqQwALapxA
— DC37, AFSCME (@DistCouncil37) July 29, 2019
Love to see that new GOP populism in action… https://t.co/1qWU8jdwKz
— Chris Hayes (@chrislhayes) July 29, 2019
Who really benefitted from Trump's tax cuts?
— Robert Reich (@RBReich) July 1, 2019
Pfizer –>
Donations to GOP: $16M
Tax Cut Received: $39B
GE–>
Donations to GOP: $20M
Tax Cut Received: $16B
Chevron–>
Donations to GOP: $13M
Tax Cut Received: $9B
It's socialism for the rich in exchange for campaign $$$
Sad! 