If it's enacted, the GOP tax cut now working its way through Congress will be the start of a decades-long economic policy disaster unlike any other that has occurred in American history. - And this dire warning is from Forbes, the business publication.
Real tax reform is hard. So a growing bloc of tax-cut enthusiasts wants to rewrite the rules of the game to secure rate reductions for the rich.
Cutting corporate tax rates will not create jobs or boost incomes for the vast majority of American families -- the facts you need to shred the myths.
Here's how the capitalist scam works: let government borrow for crisis bailouts, then insist cuts pay for them. Guess who loses.
Today, some people believe that Social Security will not be there for them even though there are equitable solutions that will fully fund Social Security for the foreseeable future. In planning for the future of Social Security, Social Security is not a private opt-in or -out choice like the decision to fund an IRA. Instead, for decades, it has involved employees and employers providing secure retirement benefits generation after generation.
Dramatic cuts in tax rates have not led to an acceleration in economic growth, investment, or productivity.
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