Interesting analysis today in WSJ regarding the existing 2017 tax cut program:
-rick folks received tax cuts which amounted to a greater percentage of their income than did the less well off, and the bottom rung of taxpayers got nearly no tax break
-there are no signs that the tax cuts generated any new jobs
-the small amount of additional income most Americans saw was greatly offset by the additional debt brought on by the tax cuts
-the tax cuts did NOT pay for themselves
-extending the tax cuts will cost trillions over the next ten years
-in the end, the 2017 tax cuts were simply tax cuts for rich folks--nothing more or less
Tune in over the coming months when Americans will be treated to the same lies, e.g., all Americans will benefit greatly, the cuts will pay for themselves, they are needed for economic growth in the US, blah, blah, blah...
The Nones still have a way to go to catch those classified as Phony Christians. They are the ones who know who Jesus would shoot first, they know the names of those two Corinthian guys, they can justify not feeding the hungry and think it fun to post photos of unhoused people sleeping in the park. The Phonies know the lyrics to almost every song they sing at their Sunday service (often confused for a concert by a local oldies cover band) and they donate $50 each year to the local United Way...