Trump and Republican leaders in the House and Senate have all claimed that their tax "reform" will help the middle class and want to pass it by December.
The tax breaks would go to the very rich but we are being promised that those receiving the large tax breaks would give the middle class a pay raise of over $4,000 per year. That is the middle classes “tax break.”
A $4,000 pay raise for a full-time employee is a $2 per hour raise.
Exxon/Mobil, United Airlines, Wal-Mart and other multi-national corporations are going to give all their American employees a $2 pay raise when their taxes are slashed?
Corporate profits have never been higher and pay compensation to corporation’s top management have never been higher but no big raises for any workers.
The Republicans claim that the "$4,000 middle class pay raise" ($2 per hour raise) is certain, but if the math is questioned they then say nothing has been released on their tax cut plan.
A tax break that will add $1.7 trillion to the national debt over 10 years has to be passed by December, or just passed before anyone can question it?
Give a true tax cut to the middle class and below, because that money will immediately go back into the economy and generate more jobs.
Revise corporate tax rates, but close the loop holes that give the big money all the advantages and gives nothing to the small businesses.
Trickle-down economics helped only the rich and now we are seeing dump-on-you economics.