01-26-2018, 04:51 PM
(01-26-2018, 04:41 PM)fredtoast Wrote: Could the Dems really repeal a tax cut if it was guaranteed tu cut wages?
Can and have. Fairly well documented that tax increases are the real trickle down....
Some companies HAVE given pay raises. But otherwise let's give this a few years to see what it actually does to the deficit and wages before celebrating or destroying it. A strong economy creates jobs, which creates competition for workers, which leads to wage increases.
Wage increase have been stagnant for years, so we'll see. But I do tend to agree the corporate rates were becoming uncompetitive. This may unfortunately be a case more of maintaining or avoiding further losses than generating actual growth, and in that scenario both parties will spin the results to their advantage.
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