In Case You Missed It

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In Case You Missed It

Postby KeithE » Sun Dec 30, 2018 4:04 pm

Trump issues executive order freezing federal workers' pay in 2019. It was scheduled to go up by a modest 2.1%. Inflation in 2018 is expected to be 2.44%..

This follows a $1.5 Trillion (over 10 years) Tax Cut mostly for corporations and the top 2% income earners (those making over $206K/year).

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All non-Senior Executive Service (SES) government workers, make less than $164,200. The SES upper limit is $210,700/year. And that much only in the top localities.

The only winners in overall Trump tax cut/raise cuts are the corporations and those making over $200K/year. Inflation hurts everyone’s buying power.

As for the corporations - few are raising wages, most are just doing stock buybacks, and business investment has dropped to almost nothing (they are waiting until the demand increases -which will not happen until most of America is able to buy more).
Read and look at first plot: Trump’s Tax Cut Was Supposed to Change Corporate Behavior. Here’s What Happened.


So much for Trump's central campaign claim of being for the middle class is manifestly wrong.
Informed by Data.
Driven by the SPIRIT and JESUS’s Example.
Promoting the Kingdom of GOD on Earth.
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