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December 21, 2019  |  

‘12 DAYS OF TAX SCAM’ HIGHLIGHTED 2nd ANNIVERSARY SUNDAY OF TAX CUT FAILURES

On the 12th Day of Tax Scam…..

We look back at the Christmas wish list of the tax cut law supporters to see how it all worked out:

Day 1: The Tax Cuts and Jobs Act was supposed to boost jobs. Not so much.

Day 2: President Trump said the tax cut law would cost him plenty. He lied.

Day 3: And families are still waiting for that $4,000 raise they were promised.

Day 4: Wasn’t the GDP supposed to hit 4-5%?

Day 5: Remember when they said the tax cuts would boost business investment? They didn’t.

Day 6: They promised a middle-class tax cut. It was really a big tax cut for the wealthy and corporations.

Day 7: Small businesses are also still waiting to see the upside of the TCJA.

Day 8: And the tax cuts were going to pay for themselves! Ho, ho, ho!

Day 9: Still wondering why you didn’t see that big Christmas bonus they promised?

Day 10: Everybody did not benefit from the tax cut law, especially people of color.

Day 11: The tax rate for corporations was slashed from 35% to 21%. But for hundreds of corporations their actual rate is almost half that.

Day 12: And a Partridge in a Pear Tree. Have a Happy New Year!

From ATF Chartbook: Trump-GOP Tax Cuts Failing Workers & The Economy

Contact:
Dennis Bailey
Director of Communications
202.733.3444
dbailey@americansfortaxfairness.org