1/ After receiving massive windfalls from the #GOPTaxScam, corporations are pocketing the lion’s share of profits themselves instead of sharing them with hard-working Americans.
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2/ For example, Wells Fargo will gain $3.7 billion in profits from #GOPTaxScam, but plans to spend only 5% of its massive windfall on wage increases and charitable giving.http://money.cnn.com/2018/01/02/investing/tax-cuts-bonus-trump/index.html …
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3/ Experts are already predicting that financial institutions will now focus on stock buybacks after tax cuts from
#GOPTaxScam, rewarding millionaire stockholders, rather than badly-needed wage increases or job creation.https://www.cnbc.com/2018/01/24/us-firms-will-now-focus-on-stock-buybacks-after-tax-cuts-david-rubenstein-says.html …Show this thread -
4/ 83% of the
#GOPTaxScam benefits go to the wealthiest 1%, putting corporations and the richest ahead of everyone else.pic.twitter.com/rJ3iUcNPCe
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5/ The
#GOPTaxScam raises taxes on America’s workers. 86 million working families earning less than $75,000 will pay more taxes by 2027.pic.twitter.com/A7ny9LaDs3
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6/ The
#GOPTaxScam explodes the deficit by at least $1.8 trillion, and Republicans will use the debt they created to justify ransacking the future of Medicare, Medicaid, education, veterans, and working families.Show this thread -
7/ We need
#ABetterDeal for real, bipartisan tax reform that puts the middle class first with better jobs, better wages, and a better future.Show this thread
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