Apart from the negative impact Trump's tariff war is having on U.S. consumers and producers (aluminum and soy beans especially), one thing was clear before the tax giveaway legislation for the rich passed last year: Trump's tax plan wasn't going to help American workers, or America's balance sheet, because the legislation provides tax incentives to shut down and relocate.
So, yeah, Donald Trump's tax plan - backed entirely by the GOP in Congress - works against the interests of American consumers, producers, workers and our nation's long-term financial interests.
The tax and financial winners, on the other hand, are the biggest corporations, their shareholders and their executives. Here's how it works in real time ...
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It's one of the reason the pay of the Chief Executive Officer (CEO) in the United States far outpaces what the person on the shop floor earns.
- Mark
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