2.15.2018

Tax Cuts

Tax and Spend: Trump Proposes 25-Cent Gas Tax, My Alternative Plan - Mish Talk:

The typical R tax cut swindle (well since Reagan anyway)

  • Cut taxes on the wealthy by promising cuts for everyone.
  • Then cut services for the poor and middle class to pay for some of it.
  • Pay for the rest of it by raising a few less-visible taxes, like gas, state sales, and sin taxes which are proportionally harder on the poor and middle class.

presto..... the poor and middle class sink while the wealthy's bank accounts grow.
 

'via Blog this'

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