VOTE DEMOCRAT FOR INCOME EQUALITY, STUDENT DEBT RELIEF, AFFORDABLE HEALTHCARE, GOOD PAYING JOBS, REPEAL REPUBLICAN TAX SCAM, AND FOR MIDDLE CLASS...VOTE DEMOCRAT IN 2018, 2020, AND BEYOND...VOTE EVERY 2 EVEN NUMBER YEAR.
Monday, January 29, 2018
Fw: You won't believe what corporations are doing with their tax cuts.
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Sent: Sun, Jan 28, 2018 at 8:31 AM
Subject: Fw: You won't believe what corporations are doing with their tax cuts.
Walmart and the maker of Kleenex and Huggies announced dozens of closures and thousands of layoffs this week. Bank of America decided to raise fees on low-income customers. And Carrier announced new layoffs, just one year after Trump boasted of saving jobs there.
Instead of using the billions of dollars in tax breaks they received from the TrumpTax to raise wages or create jobs, these filthy-rich corporations are paying their shareholders and executives even more money. Bank of America's CEO even said so last week, admitting that the "largest portion" of the bank's tax cut would go straight to shareholders.
The fact that we knew Trump and his cronies were lying all along about who the TrumpTax really benefits doesn't make this any easier to swallow. Working people's livelihoods are going up in smoke while corporations line their own pockets with trillions in taxpayer dollars.