Musicmystery -> Trump/GOP: $2.5 trillion for top 1%; $2.5 trillion cuts to poor. (6/5/2017 12:00:44 PM)
|
Trump said he was not elected to serve special interests, but instead, “the forgotten men and women of our country, and that’s what I’m doing.” His budget paints a starkly different picture, however, because it would shift trillions of dollars from struggling families to the wealthy. At a time of massive wealth and income inequality, just two of President Trump’s tax breaks would give $2.5 trillion to corporations and the wealthy, while taking away $2.5 trillion in programs that benefit the elderly, the sick, working families with children, and the most vulnerable. This is the Robin Hood principle in reverse – taking from the poor and working people and giving to the very rich. The economic theory embraced by the Trump budget, trickle-down economics, is and it has always been an abysmal failure and a fraud. This is a budget written by the billionaire class and is designed to benefit the billionaire class. Nothing more. Nothing less. President Trump’s budget must be soundly defeated and replaced with a budget that meets the needs of working families, the elderly, the children, the sick and the poor - not just the 1 percent. http://www.cbpp.org/blog/trump-plan-25-trillion-in-program-cuts-for-low-and-moderate-income-people-25-trillion-on-two
|
|
|
|