Sunday, December 01, 2019
The GOP Tax Cuts Are Not Working As Promised
Donald Trump and the Republicans made a lot of promises when they passed their tax cuts in 2017. It was supposed to cause massive job growth, huge wage growth for workers, and provide tax cuts for the middle and working classes. None of that happened. While the rich and corporations got huge tax cuts, almost none of it was shared with the rest of the population -- and that is unlikely to happen in the future either.
Here is how Hunter Blair of the Economic Policy Institute puts it: