Report: Wall Street Among Biggest Winners of #GOPTaxScam
Jeff Stein writes in Washington Post Wonkblog: Wall Street Is Among The GOP Tax Law's Biggest Winners, Report Says
The [Ernst & Young] report says that in the long run, the bill's biggest winners include the finance industry … These kinds of firms particularly benefit from the law's dramatic reduction of the corporate tax rate, which extends beyond the decade.
While Wall Street rakes in money from the GOP tax scam, working families have been left behind. Despite repeated promises from Republicans that the American people will ‘love' the tax bill, the majority of workers in our country – 52 percent – are not seeing any change in their withholding taxes.
As Republicans continue to sell their dishonest tax scam, Democrats fight for real, bipartisan tax reform that puts the middle class first with A Better Deal: Better Jobs, Better Wages, Better Future.