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It's good to also keep in mind the huge tax cuts Trump has made which we might not see the effects of for quite some time. The tax cuts were advertised as a "tax cuts for the lower and middle class" when in reality it was the same scheme Reagan and W. Bush pulled.
It's a 'trickle-down' tax bill. This basically means that the rich get richer in the hopes that they will spend more money, hire more people for the jobs they created, increase pay, and in turn the lower and middle class will have more money.
The Trump administration was also touting how many businesses planned to use the billions of dollars they'd save a year and put it into their employees and creating new jobs. Unfortunately, we have not seen this happen anywhere close to the scale they were proposing.
Many companies took the money and rewarded their stockholders like Harley Davidson just did https://www.nbcnews.com/business/economy/harley-davidson-workers-stunned-plant-closure-after-tax-cut-n876901 …
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