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Republicans delivered to Wall Street when they passed the $1.5 trillion tax cut bill that slashed the corporate tax rate to 21% from 35%, benefiting the super wealthy and big corporations.https://www.vox.com/policy-and-politics/2018/8/23/17769206/bull-stock-market-michael-cohen-trump-manafort-gop-donors …
Yet another example of the Republican tax bill benefiting super wealthy and big corporations: - Top 1% of earners get 34% of the tax bill’s benefits. - Top 20% get 70% of the tax bill’s benefits. - “Pass-through” entities get an estimated $17bn in tax savings for millionaires.
