The GOP’s Incredible Christmas Gift To Corporations

photo image of hand offering Christmas stocking brimming with gifts to an individual not seen in image

GOP and President Trump play Santa to Corporations and One Percenters President Donald Trump called the recently-passed tax bill “an incredible Christmas gift” for middle-class Americans. In reality, the tax bill takes money from the pockets of middle-class Americans and gives it to corporations. Anyone who claims the tax bill primarily benefits the middle class is spreading falsehoods. With the new bill, the tax rate for corporations is reduced from 35 percent to 21 percent. That makes a total reduction of 40 percent from what they were paying earlier. Other…

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Donald Trump And Mitch McConnell’s Lie About Tax Reform – The Myth Of Corporate Tax Rates

video still of President Trump and Senate Majority Leader Mitch McConnell at Rose Garden press briefing

by Richard Cameron “Tax Reform” and the myth of the corporate tax rate Donald Trump, together with Senate Majority Leader Mitch McConnell,  participated in a press conference in the Rose Garden on Monday – a Q and A preceded by one of Trump’s excessive, rambling, largely incomprehensible word salads.  It was, as we have come to expect –  riddled with false statements and devoid of factual data. The scope of the questions and answers was too broad to deal with in their entirety here, but one topic that came up…

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