FB Posts


OK, you know the scenario by now. Congressional Republicans propose — surprise! — tax cuts. The vast bulk of these cuts go to the very wealthiest Americans and to corporations, which are headed by these wealthy Americans and which give them dividends that are taxed at lower rates. Meanwhile, ordinary working Americans, and by “working” I include professionals who earn a wage or salary, get modest cuts or no cuts at all.

The Republicans hail their cuts as a way to stimulate the economy, because in their infinite charitableness, rich people will now hire poorer ones with all the dough they save. In fact, they say, this is the only way to stimulate the economy. But even if the economy is roaring, the cuts are necessary to continue stoking it. Tax cuts, then, are the policy for all seasons — in truth, the panacea for all seasons.

Tax ‘Reform’: Have Americans Finally Wised Up?

Ordinary working Americans, and by “working” I include professionals who earn a wage or salary, get modest cuts or no cuts at all.


Source

Leave a Reply

Your email address will not be published. Required fields are marked *

Post comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.