Republicans in Congress have produced a tax reform proposal which, to all appearances, really does benefit lower-income earners. And although it will have indirect benefits for some higher earners — particularly those invested in companies that pay a lot in corporate taxes — it basically won’t create the sort of huge windfall for the wealthy that we’ve seen in earlier tax cut proposals.
Yet, the rhetoric from Democrats is exactly the same as it always is — “tax cuts for the wealthy … trickle down economics….” — and so on and so on, ad nauseam. It really does make you wonder.
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