On December 20, Congress with the help of the Republicans passed a sweeping tax reform bill, which many people were opposed to due to the fact that it will ultimately put more money into the pockets of the wealthy and do very little to help struggling low-income or middle class families.
According to CNN:
‘Republican lawmakers joined President Donald Trump on Wednesday afternoon to celebrate their largest legislative achievement of 2017, in a public ceremony spotlighting the most sweeping overhaul of the US tax system in more than 30 years.’
On Sunday, Trump took to Twitter again to brag about how the tax reform bill is creating bonuses and higher wages for people, essentially creating more “fake news.” He tweeted:
A Reuters/Ipsos Poll which came out on January 29, 2018 revealed that only two percent of U.S. adults said they had gotten a raise, bonus, or other benefits due to the tax reform law. Reuters reported:
‘Two percent of U.S. adults said they had gotten a raise, bonus or other additional benefits due to the Republican tax law enacted a month ago by President Donald Trump, according to a Reuters/Ipsos poll released on Monday.’
According to Newsweek, Trump’s tax plan is “seriously bad for our health,” and reported:
‘Making it even harder for families to afford the care they need, the Republican tax plan would increase taxes on millions of poor and middle-class Americans.
‘One of the ways is by eliminating deductions that working families depend on, like the deductions for state and local taxes and college loans, as well as the deduction for high medical expenses, which helps millions of families.
‘Meanwhile, the wealthiest 1 percent of taxpayers would enjoy an average tax cut of $62,000. And nearly 75 percent of tax cuts in the bill go to multi-national corporations and big pharmaceutical companies.’
Here is how people responded to Trump’s inflated nonsense on Twitter:
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