Helping the Rich, Sticking Us With Bill
Trump and the GOP promised to cut, cut, cut and boy, do they mean it. But it’s not you or I who will benefit. Thanks to Paul Ryan and House Republicans, millions of working class families will pay more taxes to stuff the pockets of the rich and big corporations. This is the big payoff to their donors.
First, they cut taxes for big corporations and billionaires. Then they slash Medicare by $470 billion, Medicaid and other health programs by $1.3 trillion over the next 10 years. They are taking lifesaving medicine from children and the elderly to make more money than they can ever spend.
This could be the largest wealth transfer from working people to the ultra-wealthy in American history. This dwarfs the tax cuts of Reagan and George W. Bush, neither of which led to economic growth. Instead, as usual with Republicans, they stick us with the bill.