Monday, February 18, 2019
Reich on the tax scam and our tax returns
From his FB post:
"Millions of Americans have received smaller tax refunds this year, causing the Trump administration to scramble for excuses after promising tax cuts for middle class families. Their latest explanation is to claim that Americans have already received the tax cut in the form of increased wages. Baloney.
"Wages have gone nowhere since the tax cuts were passed. Some workers have actually seen wages decline, adjusted for inflation. Meanwhile, executives and wealthy investors have taken home massive bonuses. The bottom line is Trump's tax cuts have made millions of Americans poorer, while enriching the super-rich and corporations."