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…

Read More

Trickle Down Tax Reform – Engine Of Economic Growth Or Simply A Trick?

visual depiction of magic candles and spell talismans

by Richard Cameron This week, Senate Republicans are in a furious scamper to get so called “tax reform” on Donald Trump’s desk, who will assuredly sign it. Trump is desperate to sign anything at this point, so he can boast that his presidency is “winning” – at any price.  Actually, the price is right, from the viewpoint of Trump and his investment class cronies, because no matter what happens with the economy going forward –  he and they will be able to evade even more of their share of the…

Read More