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Scott Perry, Lou Barletta, Charlie Donut, and other “small business leaders” in the area gathered to grovel over Pence and drool about the newly proposed “biggest, greatest, unbelievable tax cut and jobs bill” touted by the Trump administration that was unveiled in the House of Representatives last week. According to the propaganda distributed at the event, this plan (although no real details are available) it will stimulate business and economic growth, plus it will be beneficial to all middle class Americans. Of course the attendees were all invited and 99% of them were behind the plan despite the fact that it hasn’t been scored by the CBO, has no details available, will be subject to many changes proposed by various representatives, and may not pass a vote in the House.
But, it was nice to have the show at Military & Commercial Fasteners Corp here in York. It’s a good locally owned company and I like Craig Siewert.
Too bad the tax cut and jobs bill is a farce and a major give away to large corporations, financial institutions, hedge fund managers, a the wealthiest 2% of the people in the U.S. While the average family earning around $59,000 get an extra $1,182 to spend per year . . . Whoopee !
The theory of trickle down economics lives ! ! ! And the fiscal conservatives in the federal legislature have temporarily forgotten the evils of adding to the deficit in their shameless, rushed, partisan attempt to get some legislation passed in Trump’s first year.
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Deficits are a funny thing .............. I remember Dick Cheney telling us "deficits don't matter"
(unless a Democrat is president, of course, and then it REALLY matters)
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OF COURSE businesses want their taxes cut, It can help line their pockets further. The weird thing is that many of these same businesses will use these saving to invest in more modern machinery to make even more jobs obsolete !