Tuesday, 31 July 2018

Weird News: Republicans Are NOT Running On Their Tax Cuts

Editor's Note (Frances Langum): Note that Crazy Conservative Brian Kemp of Georgia runs on guns, trucks, deregulation, spending, but not tax cuts for billionaires. Tengrain has the story behind that avoidance:

In case you noticed the curious absence of campaigning on the Miracle of Comrade Trump’s Economy, the rank (and I do mean rank) and file Republican candidates already know that there was no benefit to the average American.

This Bloomberg article is a must-read (just look at the charts if nothing else):

Trump’s Tax Cut Hasn’t Done Anything for Workers
Wages were supposed to rise. Instead, they’ve fallen.

A similar story is in Tiger Beat (on the Potomac AKA Politico:)

‘Eye-popping’ payouts for CEOs follow Trump’s tax cuts
The insider sales feed the narrative that corporate tax cuts enrich executives in the short term while yielding less clear long-term benefits for workers.

read more



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