(THREAD) Many asking how anyone could be unhappy with a tax cut. No matter the size, it's better than nothing, isn't it? I can clear this up. It's because people know tax bills are about trade offs. And factoring everything in, they believe this bill makes them worse off.
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Republicans say tax cuts will raise wages, but most Americans are skeptical. Here's a graph of real wages (blue) vs. real GDP (red) since 1980. The tax cut should help growth, but it won't trickle down. Wage increases might cover higher living expenses. $31.67 per month won't 9/xpic.twitter.com/xw2rAPuFdn
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Average Americans know the bill widens economic inequality, and worry that weakens their political power. They just saw Congress: -say they had to do what their donors want -let lobbyists influence a tax bill -enrich the president & some Senators Inequality makes that worse. 10/x
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So millions of Americans look at the tax bill, weigh the upsides and downsides, and determine it makes them worse off. And millions who personally benefit care about the millions who'll be hurt. It's not jealousy. It's not propaganda. It's an honest assessment of the facts. (END)
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