What Marco Rubio doesn’t understand about tax reform

Published May 1, 2018 9:49pm ET



The Republican tax cut is off to an incredible start. If Democrats had passed a bill that caused even a fraction of this good news, the media would be telling us constantly.

Thanks to the GOP tax cuts, 90 percent of American wage-earners have higher take-home pay. Companies are increasing 401(k) and pension contributions and offering adoption and family leave benefits. Capital expenditures are soaring. Several million Americans have received permanent pay raises or surprise bonuses. Companies are buying stock, which strengthens retirement nest eggs for anyone with a 401(k), IRA, or union pension. More than 100 million utility customers will pay lower rates as utilities pass along tax savings.

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