Democrats are in full attack mode against the success of the tax cuts

The media and other Democrats campaigned hard against the Trump tax cuts and tax reform plan.  It is already clear from the first month that the law will be successful at allowing benefits and money to trickle down throughout the economy.  So the success must be attacked.  We see many stories about how not that many Americans are benefiting from the cuts to corporate taxes, that shareholders are getting too great a portion, that people in high-tax blue states may be getting hurt.  The mantra is that the tax cuts are adding $1.5 trillion to the debt (they rarely point out that the $1.5 trillion is a wild guess over ten years.)

We know that the journalists and other Democrats never cared about the $10-trillion debt increase during Obama's eight years, and we saw that Durbin, Schumer, and other Democrats don't actually care about the deficit today when they voted for the new budget.  They care about deficits only if they involve allowing people and businesses to keep more money they earn.

On Wednesday, Senate Democrats attacked the law, saying the money isn't trickling down to the people, but is instead being kept for shareholders.

Senate Democrats launched a new line of attack on the Republican tax plan Wednesday in a report showing [that] companies have announced $97.2 billion in share buybacks since the start of the year.  That figure dwarfs a number that Republicans have been touting: $2.5 billion in bonuses that companies have announced in response to the new tax law.

If Democrats weren't so intent on misleading the public, they would put in their report everything the corporations are doing with the money instead of just cherry-picking stock buybacks, which will occur over several years.  Many companies have announced new investments in the U.S because of the tax cuts, and those investments will course throughout the economy, which will help growth and create economic opportunities for people of all races and economic levels.

Why didn't they list $350 billion in Apple investment, the $50-billion Exxon investment, the $20-billion Chase investment, and all the others that have been announced?  These investments, along with raises, bonuses, and increased benefits, will dwarf the buybacks, so why did they choose to leave them out?  

Democrats like to portray corporations and shareholders as rich, and they believe that the government is entitled to a bigger rate of return than the investors who took all the risk, so I thought I would give some examples of these rich shareholders who are getting too much benefit:

The California Pension system, CALPERS, had a value of $326 billion, had 1.9 million members, and had $21.4 billion in payments in 2017.

The third largest pension system in N.Y. had $192 billion in assets, over 1 million members, and over $10 billion paid out in 2017.

In 2008, the largest pension funds in the U.S. had $6 trillion in assets.  I am sure that the number is much higher today.

I think Democrats should go around the country telling government workers, teachers, and union members that they are rich shareholders and that the government deserves the money more than their pension funds.  That should be a winning issue in elections.

It is inconceivable to me that Governor Brown of California, Governor Cuomo in N.Y., Democrats throughout the U.S., and even journalists don't understand that a higher rate of return on assets for corporations helps everyone.  How could they not know that the higher profits will reduce the amount government needs to fund the pensions that taxpayers from this and future generations have to pay?  Therefore, since they complain about corporations keeping too much, we have to believe that they would rather have higher taxes for everyone, especially the middle class to fund the pensions.  Democrats should stop pretending they care about future generations when they advocate for bigger government, higher taxes, and a slower economy. 

We hear a lot about collusion today, but the biggest collusion is between and among Democrats and journalists to push the Democrat agenda.  Whether it is illegal immigration, fake Russian collusion with Trump, global warming caused by humans, Obamacare, or the tax cuts and tax reform, the journalists just regurgitate Democrat talking points over and over again in an attempt to indoctrinate the public.  No matter how many things in the talking points are proven false and how many predictions and projections are proven wrong, the same talking points are pushed, which makes most journalists worthless and dangerous to our freedom and prosperity.

http://www.americanthinker.com/blog/2018/02/democrats_are_in_full_attack_mode_against_the_success_of_the_tax_cuts.html