“The evidence continues to mount that the Trump-GOP tax cuts were a scam, a bait-and-switch promising workers big pay raises, more jobs & new investments, but largely enriching CEOs. O nly 4% of the US workforce saw any sort of pay increase or bonus but data shows corporations have cut thousands of jobs since the tax cuts were passed, while using tax windfallsto buy back $1tn of their own stock, which primarily benefits corporate execs & wealthy investors since half of all Americans own no stock. . But big firms lobbied for corporate giveaway this saying – as AT&T did – that it would fund job-creating expansions.“Nobody here saw any of that benefit; if anything, quite the opposite. They changed our healthcare plans in 2019, so the costs for everyone went up, the costs for prescriptions went up." said Mark Willie, a Wells Fargo office employee in Des Moines, Iowa."
At www.theguardian.com
