Didn't just about everyone except @realDonaldTrump & his @GOP #trumpstooges predict this behavior BEFORE #corporatewelfare was passed as tax bill? #FinancialGenius #economicgenius from @Wharton @stevenmnuchin1 @larry_kudlow @RBReich @Lawrence @BillKristol @JonahNRO @SRuhle
Sadly this comes as no surprise—big corporations are pocketing their billions in tax cuts instead of investing in their workers or creating jobs. And American taxpayers will be left to foot the $2T bill. Congress should be looking out for their constituents, not ripping them off.https://twitter.com/JuddLegum/status/1062465030313164800 …
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That was their plan. The whole time.
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GOP and Trump,so much winning!
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No surprise - Trickle down has NEVER worked. It just puts more money in the oligarchs pockets and the GOP knows it. That is where their donations come from. What will it take for the general public to realize trickle down is just an election ploy?!
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And corporate debt is on the rise.
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THIS IS SHOCKING. I AM SHOCKED.
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It's worse than that. Large-scale international corporations are making US residents foot their bills to build their factories while they bring in their own shareholders connected to their countries' governments to hold controlling interests & pay no taxes because of the breaks.
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This deal came with a $4 billion cost to Wisconsin taxpayers. It was announced soon after the ZTE (chip) exemption ban for China. Foxconn in August announced a collaboration with a smartphone factory in China to fabricate the computer chip.https://www.scmp.com/business/companies/article/2148025/alibaba-tencent-baidu-hold-big-stakes-foxconn-unit-after-us43 …
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