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It’s all about tax cuts
Wednesday, December 18th, 2019
The government is slamming the brakes on spending, yet the fiscal situation is not quickly improving. That leads us to ask, “Where is the money going?” The answer is tax cuts… Lower tax revenue includes the approved $3.4 to $4.2 billion annually as well as “unannounced tax cuts” still to come… Low- and middle-income families benefit very little, if at all, from these measures. The “more money in your pocket” jingle is simply a rhetorical trick that preys on people’s economic vulnerability.
Tags: budget, child care, economy, featured, ideology, jurisdiction, standard of living, tax
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