CNN has been stepping on rakes in their coverage of the Trump White House, but even a broken clock is right twice a day. Host John King obviously touched upon the gamble with this tax reform package by congressional Republicans that cuts taxes by $1.5 trillion. The dividends are that Americans have more money and jobs growth continues to be robust. Democrats were not having any of it, claiming that this is the worst bill in the history of mankind, and that somehow giving people more money through these cuts is stealing, or something. Well, it’s not your money, but that’s a different debate.
Yet, King asked if Democrats, especially those from states that Trump won in 2016, were taking a risk by opposing this historic bill.
“If you’re a working class family, a lot of people say, ‘oh, it’s only $200, oh, it’s only $300;’ if you’re a working class family living paycheck-to-paycheck—$200-300 is damn good money and you are grateful for it,” King said.
Even $100 is good break for these families. To suggest otherwise is liberal bubble logic. We’ll see what will come of this bill, but if taxes are cut for 80 percent of American families, this bill’s approval is bound to rise. If that occurs, the 2018 environment could change quickly.
Left-leaning tax policy center finds that 80.4% of Americans would see a tax cut in 2018. The average decrease would be $2,140. Only 4.8% would see a tax increase.https://t.co/2UVcvrom6d pic.twitter.com/52F9uDx90Z— (((AG))) (@AG_Conservative) December 19, 2017
UPDATE: Yeah, this tax bill is totally screwing over the American worker (sarc.) Nice work, Democrats.
JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill. https://t.co/iv4i2MTAkO— CNBC Now (@CNBCnow) December 20, 2017
NEW -- AT&T announces it will "pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees" because of the tax reform passage and will also increase US capital spending by $1 billion— Steve Kopack (@SteveKopack) December 20, 2017