Corporate Tax Cuts Don’t Create Jobs!

Institute For Policy Studies   August 30 2017

What you think of Bernie Sanders or his supporters isn’t important. The truth, however, is:

What Donald Trump and corporate CEOs don’t want you to know is that Corporate tax cuts don’t create jobs. They go into the pockets of wealthy CEOs who cut American jobs. Virtually every major corporation that has paid little or no taxes since the financial crisis in 2008 has laid off thousands of workers; they’ve created very few jobs.

Republicans have been trying to sell the same, lame load of snake oil for at least a century. Nearly 100 years ago, Warren Harding, Calvin Coolidge & Herbert Hoover rode a wave of support for this flawed philosophy into creating wealth disparity at almost the same level we have now straight into the Great Depression. It has never worked & never will because the real purpose of it isn’t to create jobs or better wages. Nor is it because they honestly believe the wealth will “trickle down”. It never was.

Corporate Tax Cuts Don't Create Jobs

Here's what Donald Trump and corporate CEOs don't want you to know: Corporate tax cuts don't create jobs. They go into the pockets of wealthy CEOs who cut American jobs.

Posted by U.S. Senator Bernie Sanders on Wednesday, August 30, 2017

Author: John Hanno

Born and raised in Chicago, Illinois. Bogan High School. Worked in Alaska after the earthquake. Joined U.S. Army at 17. Sergeant, B Battery, 3rd Battalion, 84th Artillery, 7th Army. Member of 12 different unions, including 4 different locals of the I.B.E.W. Worked for fortune 50, 100 and 200 companies as an industrial electrician, electrical/electronic technician.

Leave a Reply

Your email address will not be published. Required fields are marked *