SPEAKER CORNER `(Republican tax effects are taking place)

[etucker1959]

I kid you not, I swear some of my threads I write on here, seem to be picked up by other News sources and reprinted. (or so it seems) I was reading a Yahoo article yesterday about what corporate America is doing with all the money they saved with the New tax laws. The Democrats and myself predicted what Corporate America would do with all the money their were going to save. While Republicans claimed it would increase wages and trickle down to the middle class. Now the results are coming in on how the money is being spent and it's rather spooky!!! The words and description they used like being clairvoyant, having a time machine and using their crystal ball seemed a little close to home. Even talking about how much the Republicans lie and their base just swallows it like a hungry trout eating power bait. (I put that in here "to see if they would pick it up and use it") lol

Here are the numbers (in the first 2 months of the year) on how corporate America is spending that big wind fall of money they just saved. 5.2 Billion dollars were giving out as bonuses to their employees. Now if you received an $1,000 bonus from your company, good for you and the company you work for. If that was how most of the money was being spent, "Trump would have been correct." (It would have been a huge boost to the working man) But that's ''not" how most of the money was spent. Corporate America did this instead, they took that 171 Billion dollars in savings and spent it on things, "like stock buy backs to increase the price of their stock." (which the company now owns) In effect it made some people in the company much richer and very little for most of their employees. That 5.2 Billion given to employees as bonus is nothing more then a PR stunt!!!!

Back to reality!!!! In 7 years the middle class tax cut will be gone, yet this Corporate tax rate stays on the books forever!!! (unless the Democrats change it) I feel the Democrats should use the same lines the Republicans used against Obama Care. It's a disaster and it needs to be Repealed and Replaced!!!! Remember we are now getting these huge Federal deficits again of a Trillion dollars a year or more. Obama did it to keep us out of a Depression. (which he kept reducing as the economy got better) The Republicans are doing this in a good economy, just to make the "Rich Richer!!" In the long run you can't keep deficit spending forever, so what are they going to eventually have to do about it??? Raise Income and Corporate tax's??? (we just reduced those) No their solution will be after consulting my crystal ball is a VAT Tax. (Value added tax's to goods) In other words a Federal Sales Tax. You working class people and your descendants are going to one day start having to pay forever, (unless something changes) A Federal Sales Tax's on goods to make sure the rich and Corporations keep getting Richer!!!! GOOD CHOICE IN VOTING REPUBLICAN!!!!!