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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCheck Your Wallet: Can You Find the $4,000 Trump Promised You?
?itok=RWQbOdYjThat was last October. The tax bill passed in December, and its now Labor Day, a good time to review how if at all the Trump-GOP tax scam is actually serving working people.
For most of them theres a simple answer: its not. Theyre still waiting for that $4,000 pay raise they were promised. Trump admitted as much (unknowingly perhaps) when he boasted during a speech marking the six-month anniversary of the tax cuts that more than 6 million workers have received bonuses, pay raises, and retirement account contributions because of the new law.
But do the math. Six million workers are barely 4% of the overall U.S. workforce of 155 million. So how about the other 96%? Incredibly, when you add in the rising cost of gasoline, prescription drugs and other necessities, real wages for most Americans have declined from a year ago.
https://www.commondreams.org/views/2018/09/03/check-your-wallet-can-you-find-4000-trump-promised-you
CatMor
(6,212 posts)rurallib
(62,448 posts)The inflation and the potential crash of the economy are real world concerns.
Farmer-Rick
(10,207 posts)Of course their average wages are about a third of what the US average wage is. But if ever declining poverty wages are good enough for Putin's people, they are good enough for Americans.
LoisB
(7,231 posts)Bernardo de La Paz
(49,036 posts)... in profits:
MiniMe
(21,718 posts)NanceGreggs
(27,818 posts)... they were getting a $4,000 tax break are the same people who believed Trump could force Mexico to pay for his wall, and that he'd bring jobs back to US - despite the fact that he has everything used in his hotels and golf resorts manufactured in low-wage countries overseas.
Sadly, there is still no cure for stupidity.
AwakeAtLast
(14,133 posts)Lather. Rinse. Repeat.
tavernier
(12,400 posts)AwakeAtLast
(14,133 posts)Guess my fingers were flying faster today. Must have been the extra sleep on this day off.
haele
(12,676 posts)A Govvie senior engineer who makes around $120k is only getting around $750 or so this year.
Not counting the increase in health premiums, mind you.
And we both get to pay more in taxes next year.
Some $4000 gift from the Troll.
Haele
AnnieBW
(10,457 posts)I'm a Federal Employee. Cheetolini cancelled my COLA.
RussBLib
(9,035 posts)No doubt that added to his ... appeal.
An epic liar, unlike any we have seen before.
Totally Tunsie
(10,885 posts)roamer65
(36,747 posts)I hope the fucker has a heart attack and dies.
Or better yet, chokes to death on a KFC chicken bone.