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Thursday, September 13, 2018

The Tax Scam Was Never For Workers

The Republican-led tax scam, which passed last year, promised increased wages and an average $2,000 a year extra in salaries and deductions. So far, that promise fell flat. Sure, various companies did offer a one time, publicity, bonus. Instead of addressing the real economic disparity, Republicans pushed a tax bill masquerading as a tax cut for working people. The 1 percent received the majority of the benefits from the tax scam - adding $2 trillion to the deficit.

According to Newsweek: REPUBLICANS PROPOSE NEW TAX CUTS THAT COULD COST $2 TRILLION AS DEFICIT GROWS 32 PERCENT IN 2018

On a side note: wages haven't kept up with inflation.

(Photo The Washington Post)

During Democratic presidencies, Republicans scream about the deficit, but when they come in the office, they run up the shortfall.

(Photo AP)

Honest economists—those who were not employed somehow by a Republican-affiliated think tank—said from the very beginning that slashing taxes while we are near full employment and funneling the vast majority of proceeds to the rich was a bad idea that certainly would not “pay for itself” through vague “economic growth” in the future. Republican leaders were able to completely ignore and denigrate these conclusions because Americans do not understand economics and it is easy to present such things as mere “partisanship,” both reasons why we are so fucked. Anyhow.

Most nonpartisan organizations agree, the tax scam was not indented to help workers, which is why Obamacare ranks higher than the tax bill. Since it's passage, the law has decreased in the polls.

In fact, right-wing Senator Marco Rubio admitted the tax scam is not helping workers, as promised. According to an article in Vox, Rubio said - “There is still a lot of thinking on the right that if big corporations are happy, they’re going to take the money they’re saving and reinvest it in American workers,” Rubio said in a recent interview with the Economist. “In fact, they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that money’s been massively poured back into the American worker.”

Remember when Republicans come to you with a tax plan, it's not for the average worker, it's for the rich. Republicans and some Democrats work for their multi-billionaire donors. The goal of most politicians is reelection, not helping their constituents.

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