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Trump gave huge, permanent tax breaks to big corporations, which has fueled an explosion of corporate stock buybacks that largely reward the wealth of top executives.https://www.cbsnews.com/news/lowes-layoffs-2019-retailer-spent-billions-on-share-buybacks-zero-on-severance-for-laid-off-workers/ …
Today, total taxes for corporations are at the lowest levels in more than 50 years, yet workers are facing layoffs and pink clips.https://www.politico.com/story/2019/06/13/big-businesses-pay-less-tax-law-1364591 …
The Trump tax breaks for the top 1% are not paying for themselves. That claim was another trickle-down economics lie.https://www.forbes.com/sites/chuckjones/2018/10/31/trumps-additional-budget-deficit-was-largely-due-to-the-corporate-tax-cut/#51c8fc9d58f7 …
Now, Senate Republican have asked Trump to go around Congress and give more tax breaks for the wealthy.https://www.huffpost.com/entry/trump-tax-cut-capital-gains_n_5d41fbbfe4b0aca34117ed8f?ncid=engmodushpmg00000004 …
I am calling on Trump to reject the Senate Republican plan to cut capital gains taxes for the wealthiest Americans by an additional $100 billion over 10 years. Can't we just start rewarding hard work and not just wealth?https://thehill.com/policy/finance/456600-senate-dems-urge-mnuchin-not-to-cut-capital-gains-taxes …
And falling retirement funds.
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