ONW
Well-known member
- Joined
- Apr 19, 2011
- Messages
- 19,177
- Reaction score
- 658
"A year after President Donald Trump's much-touted tax cuts were signed into law, at least some of the results are in, and there are clear winners: Millionaires. Big corporations. And that's about it."
"The average Republican politician, though, made out like a bandit. The median Republican senator was worth $1.4 million according to Roll Call when the tax cuts were signed into law. Thanks to the Trump tax breaks, millionaires, including these senators, collectively saved an estimated $17.4 billion according to a report from the Joint Committee on Taxation."
"At the same time, the Americans they are supposed to represent lost out. It's true that some middle-class folks did see an extra $30 or so on their paycheck each month, which is all good and fine for a Friday pizza night. But the tax cuts have now led the Republican Party to push the other half of their financial boondoggle: Cutting social welfare programs."
https://www.cnn.com/2018/12/18/opinions/trump-tax-cuts-fed-interest-rate-jill-filipovic/
"The average Republican politician, though, made out like a bandit. The median Republican senator was worth $1.4 million according to Roll Call when the tax cuts were signed into law. Thanks to the Trump tax breaks, millionaires, including these senators, collectively saved an estimated $17.4 billion according to a report from the Joint Committee on Taxation."
"At the same time, the Americans they are supposed to represent lost out. It's true that some middle-class folks did see an extra $30 or so on their paycheck each month, which is all good and fine for a Friday pizza night. But the tax cuts have now led the Republican Party to push the other half of their financial boondoggle: Cutting social welfare programs."
https://www.cnn.com/2018/12/18/opinions/trump-tax-cuts-fed-interest-rate-jill-filipovic/