Well…if you already felt that the repub tax scam was not doing anything for you, it was made official today when the non-partisan Congressional Research Service released it’s analysis of the bill and it’s effects and they are even worse than predicted. Every damn bit of the benefit went to corporations and the rich at the top of the food chain…wage growth for the rest of us suckers didn’t even keep up with inflation as corporate profits soared along with CEO pay….and those soaring profits were used for one thing…stock buybacks that benefited the 1%…no jobs were created, no pay for workers was raised, no nothing. One thing that was raised was the deficit and the scam that the cuts would pay for themselves, something that was touted just last week by the hacks who are now in charge of the economy, has been proven wrong again…as they have every damn time these repub morons lie about it and use that lie to make inequality even worse. This tax scam was never about creating jobs or raising worker pay…it was always about the repubs and the rich figuring out how to loot more of the economy for themselves before the inevitable crunch comes when demand falls since no one can afford to buy anything…that is showing up now in the auto industry where the average price for a pickup truck has soared to over 50,000 dollars…who the hell can afford an 800 dollar a month truck payment? The bill for this nonsense is going to come due soon and there is no one in this administration who has the skills to cope with it….and we are all going to pay for it…oh, except the rich that is…geez….
Tag Archives: republican tax scam
Told you so…
Well…if you’ve been coming here for a while, you probably read a post that I did when the repub tax scam was passed where I predicted that the giveaway to the rich and corporations would raise taxes on the middle class to pay for it…and you heard McConnell and the rest of the repubs howl whenever anyone called them out on it…so, today…a new study just came out that said…guess what? That the majority of Americans saw their taxes go up after the passage of the law…and with the withholding shenanigans that the repubs did to snow people into thinking they were getting a tax cut, most returns are down this year and over 20% of the people filing actually owe more money to the IRS. Let’s get this straight, just like was done here in Michigan when they started taxing pensions, and then gave tax cuts to corporations and the rich to “create jobs”…it is the same thing as me writing a check to a CEO for a thousand bucks…the people who owe money this year are writing a check to a corporation or one of the 1% so they can buy another summer home or their 43rd car….and the repubs continue to lie about that scam every day…and the people who voted for them are still so damn dumb they still support them even after writing the checks….oh, and one last thing…after the tax scam, over 65 of the largest corporations in America didn’t pay a damn dime in taxes….that is what the repub party is all about…a reverse Robin Hood…robbing the poor to give to the rich….