The Atlantic: The GOP Tax Law Didn't Work

[iluvtennis]

Chuck Schumer@SenSchumer.6h
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax Law Didn’t Work.
The GOP Tax L...

Link to tweet

The GOP Tax Cuts Didn’t Work
Republicans said the reform would grow the economy by up to 6 percent, stimulate business investment, and pay for itself. None of that happened.


https://www.theatlantic.com/ideas/archive/2019/10/why-donald-trumps-economic-dream-crumbled/601153/

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We DUers have known this for sometime. Finally more of the media is doing their jobs and exposing it.

[Wounded Bear]

1. Actually, it did work...It made a lot of rich assholes even richer.

That's always the real purpose of any Repub tax cut.

[iluvtennis]

2. +++ agree. But as you know, the rethughs positioned it as tax cuts for the middle class. The

corporations took their windfalls and gave it to the share holders -- they did nothing to increase jobs and spur the economy.

[Wounded Bear]

4. Seems to work for the rubes, though...

[gratuitous]

3. AGAIN?

Dang, there's only one thing to do: More tax cuts for wealthy people. I'm really sure it'll work THIS time!

I wonder if anyone in the media will be asking the Republicans who made all those grandiose promises about this?

[Newest Reality]

10. Hey,

By their logic, let's set the tax rate to 0% for everyone making over $1-million a year. THAT would be like a supercharged way for it to REALLY, REALLY work! I promise!

Plus, it is not fair to tax people who make the most because...ah...it's not fair and it keeps them from buying us all rainbow unicorns and cotton candy like they want to.

[napi21]

5. They play this same record every tim they give their rich buds a tax cut Remembe Reagan said

the same damn thing! "Cut taxes & get more income!" IT NEVER WORKS THAT WAY!

How many damn years is it going to take for the public to see that? It's been FORTY YEARS since REAGAN!!!!

[Skittles]

6. of course it worked

the rich got richer and now repukes have their excuse to start slashing Social Security, Medicare, etc

working EXACTLY as planned

[iluvtennis]

7. Agree for the wealthy and corporations. But GOPers advertised it as for the middle class. Most of

our media never vociferously reported that the corps and wealthy were the beneficiaries. Most of our media towed the false GOPer byline.

[Skittles]

8. it was always bullshit

people with critical thinking skills knew it was bullshit, and Trump's brain-dead supporters do not care

regarding the media - more proof it is corporate, not liberal

[iluvtennis]

11. Exactly. nt

[smirkymonkey]

9. Republican Tax Cuts have only ever worked for one specific class of people.

And everyone else gets screwed. Every. Single. Time. You would think people would wise up after a while, but too many of the masses still buy into the republican "trickle down" bullshit. And they will again. Some things never change.

[iluvtennis]

12. Indeed.