Additionally, the revenue our government collected from individual and payroll taxes went up $105 billion, or 4%. At the same time, corporate taxes fell $71 billion, or 30%.
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In the first 11 months of fiscal year '18, our federal deficit hit $895 billion. That's an increase of 32% over the same period last year. Congressional Budget Office says a central driver was the Republican tax law. http://thehill.com/policy/finance/406040-federal-deficit-soars-32-percent-to-895b …
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Time and again, trickle down economics bankrupts our future to benefit big corporations. There is nothing fiscally responsible or economically justifiable about the Republican tax plan. It's time our tax code benefited hard working folks and enabled us to invest in our future.
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