JMUDunk
Rootin' fer Dukes, bud

Posts: 32,506
Joined: Jan 2013
Reputation: 2187
I Root For: Freedom
Location: Shmocation
|
38 Top Economists Near Unanimous. The GOP Tax Plan Fails...and Sucks
(11-24-2017 07:33 PM)DavidSt Wrote: The tax cuts from Reagan to now Trump have left many people behind while the wealthy have grown. My parents made less than $10,000 a year in the 1980s, and the economy sucks. They both worked their butts off at minimum wage. Reagan's tax cut did nothing for us. It helped placed a gap between the middle class and the wealthy, As it is, the Middle Class are slowly shrinking into the working poor. George W. Bush's paid tax holiday put us into another Great Depression. What did the companies used the money for from the tax cuts? Give CEOs and board members higher pay raises, and buy back stock from investors to inflate the prices of their companies. They never reinvested any money towards the business. That is why Hostess went out of business because of the corruption in the CEO/board members.
And Trump's crowing about the 401 K's growing? Only a small number of people in this country have it, and only a few people who invests in the stock market. The majority of people think the Wall Street is a bunch of crocked crooks that steals money from people and refuse to invest in it. Do you blamed people because of the likes of ENRON?
God, I hope you don’t vote.
Or drive on public roadways for that matter.
Bless your heart.
|
|
| 11-25-2017 06:08 AM |
|