The tax cut was promised to create faster economic growth and more jobs. But all it has actually done is help rich people.
Rather than investing tax savings in new facilities, industry, and growth, companies are spending money on stock buybacks, which benefits only wealthy shareholders and not the middle class.
Much worse, real wages have actually declined. This means that while the dollar amount of someone's wage may have increased, those dollars won't buy as much, thanks to inflation and increased prices caused by Trump's tariffs.
Americans were also promised that the tax cuts would pay for themselves with increased revenue, but that too has turned out to be a lie. They're only causing the national debt to rise by historic levels, further fanning the flames of inflation.
Read and share the linked article. It provides a sobering picture of how Main Street American is really suffering under Trump.
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