SUCKERED! Study Proves Trump Tax Cuts Led To Virtually No Wage Growth & More Proof They Were ‘Designed To Put A Big Windfall In Oligarch Pockets’
“It’s done nothing to raise wages and flown right into corporate execs’ pockets.” By Jake Johnson Common Dreams (5/29/19) Despite lofty promises from President Donald Trump and the Republican Party, the $1.5 trillion in tax cuts that went into effect last year have done little—if anything—to raise workers’ wages, boost economic growth, or spur business investment. That’s according to a new analysis by the nonpartisan Congressional Research Service (CRS), which appeared to vindicate warnings from progressive critics that the GOP tax cuts were little more than a scam designed to put more money in the pockets of wealthy Americans. In its 23-page report (pdf), the independent…