Tuesday, April 17, 2018

The Tax Scam Bill Is Still Unpopular And Raises The Deficit By $1.9 Trillion. So Much For Fiscal Conservatives.

President Trump said Tuesday morning, people would enjoy a bigger refund on their tax return. And, folks support the tax bill, he said. Unfortunately for the President, that's just not true. In fact, most average working Americans see little to no increase in deductions or returns. In some case, people's taxes have increased.

And. Most Americans do not support the Republican-led tax scam, which overwhelmingly benefits the wealthiest Americans, who need tax cuts the least. Through cuts in social programs for the working poor, the people who need help the most will pick up the tab.

Originally, Republicans claimed the tax overhaul would increase the national debt by $1.1 trillion. Now we find out, the tax law would impact the national debt by $1.9 trillion. So much for fiscal conservatism.

Republicans never cared about the debt or deficit. Their agenda is to spend as much as possible while in office, and when Democrats take control of Congress to scream about the debt. It never fails. Democrats want to help working families and the poor. Conservatives want to help wealthy corporations receive tax cuts. This tax cut law is the worst thing to happen since the wreckless one-sided trade deals.

No comments:

Post a Comment