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.