Republican Senators, This Is What A Tax Cut For The Middle Class Looks Like

Examining what a tax cut for the middle class looks like.

Gronda Morin

Editorial cartoon on tax cuts REPUBLICANS’ PLAN IS TO GIVE MORE MONIES TO THE RICH

We all want economic growth. So let’s ask: what’s the bottleneck on growth?

Ask one of today’s republicans, and you can expect to hear a host of false-fact fantasies, such as that we would grow faster if only American companies had competitive tax rates (spoiler: they do), or if they had more money for hiring (spoiler: corporate cash is at record levels), or if they had more money for investing (spoiler: ditto), or perhaps if the rich had more money that could magically trickle down to the masses (spoiler: LOL).

But here’s reality: America’s economic growth turns on how much our companies produce, not how much wealth they accumulate.Editorial cartoon on college graduation and jobs

Which raises the question: why do companies produce?

Is it the size of their corporate treasure chests? If you hand Apple a few hundred million extra dollars, will that make it…

View original post 530 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.