Trump Tax Plan Would Give Nearly 50% Of Tax Cuts To The Top 1%

Alan: Here is a synopsis of "Economics 101."

Growth and prosperity (at least as we have always known them) are driven by consumer spending. 

Consequently, giving a huge amount of money to a very small group of people does not propel economic growth because (within limits) every individual buys goods that satisfy his or her own needs.

Thus, The 1% will still buy only "one" car, boat, house and bag of groceries.

But if the tax boon purchasing power were spread out among The 99%, car, boat and grocery purchase would increase up to 99-fold.

This is not rocket science.

The Trump tax plan is The 1% giving itself money it doesn't need at the expense of The 99% who have unmet needs.

Trump Tax Plan Would Give Nearly 50% Of Tax Cuts To The Top 1%
And about 1 in 5 middle-class families would end up paying more taxes to help offset the handout.

http://www.motherjones.com/politics/2017/11/donald-trumps-tax-plan-would-give-nearly-50-percent-of-tax-cuts-to-the-top-1-percent/

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