Trump & The Tax Bill, the Present That Keeps Giving

The 2017 Tax Cuts and Jobs Act is the ‘win’ that wasn’t.  The legislation was promoted with proven lies and failures (trickle down).  It could have been fact-based and middle class-supportive.  Instead it’s a donor giveaway that transfers money from the have-nots to the already haves (corporations and the wealthy).

Lyin ‘Donald had a chance to deliver on his promise to support the people, even if it hurt himself.  Instead, to no one’s surprise, it benefits the rich, wealthy companies, and Trump.

It’s a cunningly crafted Trojan horse.  The lower and middle class  benefits are illusory.  Their tax benefits expire after a few years, while the giveaway to the rich is permanent.    When the $1.5 trillion deficit comes due the GOP already has said it’s prepared to go after social benefit programs.

A review of how much the bill benefits the 1%:

  • 25% – Promised. Trump said the bill would hurt him. So the majority of benefts would have benefited the middle class.
  • 82% – Actual bill.
  • 1oo+% – After 2025 when the middle class benefits expire.

#ThankyouTrump. You could have helped the people or even your core voters.  But you didn’t.  And a majority know it.

Instead you gave us this wonderful gift for people to remember you by.  In case they miss your hourly tweets.   It may be a win for your fellow Republican lawmakers and donors now.  But this trillion dollar giveaway will be an eternally shiny present for the Democrats at election time later this year and beyond.

 

https://frd1.us/TaxBillPresent

 

 

 

 

 

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