Republicans in Congress have released their tax proposals and to no one’s surprise, it is a massive redistribution of wealth from the have-nots to the oligarchy. Ed Burmila breaks down the awful details.
What does a massive tax-cutting bill so bad that even Republicans balk at it look like? Start with a staggering $1.5 trillion in tax cuts over ten years.
Sounds great, right? Well, you’re not getting any of it. It consists largely of corporate tax rate cuts – more on that in a second – and repealing the estate tax.
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