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Trump is looking at bypassing Congress to do ANOTHER giveaway to the wealthiest 1%.
This new #GOPTaxScam is illegal & here’s why it wouldn’t help the economy, either:https://www.barrons.com/articles/indexing-capital-gains-to-inflation-makes-no-economic-sense-51564833600 …
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So how CAN we boost the economy?
#RaiseTheWage – it hasn’t increased in TEN years!
@HouseDemocrats passed a bill last month to raise it.https://www.washingtonpost.com/business/2019/07/18/house-prepares-pass-long-sought-minimum-wage-legislation/ …
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Another way to boost the economy:
The Working Families Tax Relief Act @RepDanKildee & I have introduced - it would help 114 million Americans, including 43 million children:https://evans.house.gov/media-center/press-releases/evans-co-sponsors-sweeping-legislation-cut-taxes-working-families …
I don’t know why this is so difficult for Democrats. The majority of studies - strong majority - show that increasing the minimum wage increases unemployment. There is is simple reason. If you make a commodity (labor) more expensive people buy less of it or don’t buy it at all.
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