Tag: tax cuts
Billionaire business owners deployed lobbyists to make sure Trump’s 2017 tax bill was tailored to their benefit. Confidential IRS records show the windfall that followed.
“Major tax cuts for the rich since the 1980s have increased income inequality, with all the problems that brings, without any offsetting gains in economic performance.”
“In the context of budgetary constraints and the recent, pandemic-related impacts on non-Federal labor markets, the Administration supports the policy in the bill to maintain for 2021 the current level of Federal civilian employee pay.”
"At the very least these workers need immediate paid sick leave, but for them to be able to pay their bills and support their families, they need economic relief more than any other group of Americans."
In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners.
These captains of American capitalism are brazenly ignoring their responsibility to their own nation, a nation in desperate need of funding for education and infrastructure and job training.