The Real Truth Behind the Economy Under Trump. The Impact of the Republican Tax Cut ...and Lies.
When Republicans delivered $1.5
trillion in tax cuts last December and
slashed the corporate tax rate from 35
percent to 21 percent, they said it would come with a big wage boost for American
workers. Except it hasn’t.
When the Bloomberg was published showing
private data from PayScale’s wage
index swept across Twitter. It shows a drop-in
wages in the second quarter of 2018. While wages have risen by 12.9 percent
overall since 2006, wages adjusted for inflation (so-called “real wages”) have
actually fallen by 9.3 percent.
And between the first and second
quarters of 2018 — after the tax cuts were enacted — real wages fell by 1.8 percent.
CORPORATE PROFITS vs.
WAGES
NEED WE SAY MORE?
