Photo by Gage Skidmore
“The tax plan released by Republicans in Congress and praised by President Trump is a remarkable document in many ways, but most notably in that it achieves just the opposite of its stated goal. Presented as a tax cut for workers and job creating entrepreneurs, it instead is a giant cut for capitalists and inherited wealth. It is a bill that rewards the past, not the future.”
(This piece is cross-posted with the Washington Center for Equitable Growth)