|“That tax cut benefited the upper class - it did not trickle down to the workers as promised.”|
Flat out lie!
You cannot tell me that your tax rate did not fall from previous years. And do not even attempt to say your refund was smaller. That has nothing to do with tour overall tax liability.
However, by capping the property tax and mortgage deductions, it did not affect the lower or middle class. It did, however, severely impact the upper class. Those that own multiple multi-million dollar homes lost some huge deductions.
“It also ballooned our national debt.”
Revenues are actually on the rise.
The other component is spending. Last I checked POTUS does not come up with the budget, Congress does, and the last budget Trump signed reluctantly, because Pelosi and Schumer were all set to blame Trump for shutting down the government.
And, the debt is growing at a much slower pace this year.
“manufacturers have been forced to close plants or, in some cases, move production offshore.”
Environmental regulations that kept us safe have been rolled back -news just broke the other day that the government will not ban a pesticide that has been proven to cause brain damage in children. That pesticide is made by Dow Chemical, which contributed $1 million to the Trump Inaugural Committee. You do the math on that one.
What has he accomplished other than chaos? The economy was chugging along just fine before he got here - if you think he's made it better, cite specific things he's done to influence its continued growth. What policies or legislation have contributed to the growth in jobs or wages?
The ONLY major legislation he has been able to take credit for is the tax cut, which has turned into a disaster for us financially - tax revenues are down, expenditures are up. We're gonna run out of money to pay our debts in early September unless Congress does something in the next week or two.
Then let's look at some of his campaign promises:
- Build a wall and have Mexico pay for it. Total fail.
Trumps fault or the Democrats? Remember, POTUS does not come up with the budget, and the Anti-Trump Dems have everything to do with this problem. There was no border crisis until the Dem’s found a way to use it against Trump.
- Repeal and replace Obamacare with something better. Total fail.
Obama scare was and is imploding on itself.
- Improve our crumbling infrastructure. Total fail.
Again, Congress comes up with the budget, not POTUS.
- Reduce the deficit to zero in 8 years. In the first three years, he's increased it to over $20 trillion.