Tax Week Headlines: GOP Tax Scam A Raw Deal for America's Working Families
April 20, 2018
Even though Republicans sold their tax scam as a bill that will ‘pay for itself' and bring much-needed relief to hard-working Americans, the truth was clear from the start:
The GOP tax scam ultimately raises taxes on 86 million middle class families to hand 83 percent of the tax cuts to the wealthiest one percent – while exploding the deficit by nearly $2 trillion.
And the more time passes, Republicans are seeing their dishonest tax bill message collapse in the eyes of the American people.
As Tax Week comes to an end, below are some of the week's most scathing headlines from media outlets across the country exposing the GOP tax scam:
- Yahoo Finance: Why the Trump tax cuts are flopping
- NYT Opinion: The Great Snake Oil Slump
- AP: Big banks saved $3.6B in taxes last quarter under new law
- TPM: 6 Wall Street Banks Saved $3.6 Billion In Taxes Thanks To Trump's Tax Law
- Louis Post-Dispatch: Thanks to Trump, the big Wall Street banks saved $3.6 billion in taxes last quarter under new law
- Salon: What Trump doesn't say about his own tax plan
- Washington Post: Here's why the tax cuts are such a hard sell for Republicans
- Yahoo Finance: Most people have a negative opinion of the Trump tax cuts
- The Economist: Tax cuts and higher interest rates help boost banks' earnings
- Wall Street Journal: How the Tax Cut President Trump Loves Will Deepen Trade Deficits He Hates
- The Hill: Trump touts GOP tax law amid wavering support
- Washington Post: 'Happy hour in America.' Tax cuts could leave economy weaker after short-term boost
- The Baltimore Sun: What is the U.S. getting for its $1 trillion deficit?
- Fresno Bee: Trump tax bill is unfair to low-income families
- New York Magazine: The 4 Biggest Banks Have Already Made $2.3 Billion Off Trump's Tax Law
- Newsweek: Trump Tax Plan Will Make U.S. Only Advanced Economy To See Its Public Debt Ratio Increase, IMF Warns
- Daily Caller: Republicans Are Fleeing And So Are Their Hopes For Keeping The House
- Washington Post: The real reason the Republican tax cut isn't going to work
- Think Progress: Here's what the GOP tax bill won't do for middle class families
- Wisconsin Gazette: Main Street Alliance: Republican tax cuts are failing small businesses
- Think Progress: CBO confirms GOP tax bill will worsen offshore tax dodging
- Register-Guard: Tax cuts swell bank profits
- Durango Herald: GOP tax bill is harmful to Coloradans
- Yahoo Finance: Gas prices will likely wipe out Trump tax cut gains for millions
- Washington Examiner: Republicans realize they can't count on Trump to sell the tax law to voters — and to keep their jobs
- CNBC: Tax cut riches have gone to execs and investors over workers by nearly 3-to-1 margin
- News-Press Op-Ed: Republicans, tax law stick it to working families
- Wall Street Journal: The Biggest U.S. Banks Made $2.5 Billion From Tax Law—in One Quarter
- Washington Post Op-Ed: Republicans can't even run on Ryan's singular ‘achievement'
- New York Magazine: The Trump Tax Cuts Are Still Unpopular. That's a Crisis for Conservatives.
- New York Times: No One's Talking About the New Tax Law
- San Diego Tribune: GOP tax cuts put a burden on our children
- The Nation: The GOP Tax Cuts Are Such a Blatant Scam That They Might Change the Whole Conversation
- The Hill: Poll: More say GOP tax law is bad idea than good idea
- Slate: New Jersey Voters Do Not Like the GOP's Tax Law
- Market Watch: Poll finds Republican tax cut remains unpopular
- Business Insider: The US government's budget deficit is about to explode — and the Trump tax law and spending surge is to blame
- Market Watch: Trump Today: President says ‘enjoy' tax cut as poll shows it's unpopular
- CNBC: GOP tax cuts have gotten less popular with voters, new NBC/WSJ poll says
- Washington Post: Trump wants to make Wall Street great again
- Fiscal Times: Trump Touts Tax Cuts, but Can They Save the GOP from a Midterm Meltdown?
- Think Progress: CBO confirms GOP tax bill will worsen offshore tax dodging
Tax Week may be almost over, but Democrats continue to fight for real, bipartisan tax reform the American people deserve.