this post was submitted on 13 Jul 2023
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Liberal Economics be like (lemmy.dbzer0.com)
submitted 1 year ago by alsaaas@lemmy.dbzer0.com to c/memes@lemmy.ml
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[–] Raphael@lemmy.world 2 points 1 year ago (1 children)

Now I must ask, who are you implying is giving money for free to investors? Because that’s not how economy works.

https://thehill.com/opinion/finance/448336-did-the-rich-get-all-of-trumps-tax-cuts/

Whether the Tax Cuts and Jobs Act (TCJA) disproportionately helped the rich may be 2020’s biggest political issue. Treasury Secretary Steve Mnuchin claims that it benefited most Americans. Sen. Bernie Sanders (I-Vt.) calls it a massive giveaway to the rich.

[–] UserDoesNotExist@sh.itjust.works -1 points 1 year ago (1 children)

First off, there was no money given. You are speaking about tax cuts.

And in the same article you linked, it is not clarified if the rich actually profited more from it/ made better use of the tax cuts. The article claims that the analysts are wrong. And that’s it.

[–] Raphael@lemmy.world 2 points 1 year ago (1 children)

Massive Tax cuts is not giving money to the rich?

[–] UserDoesNotExist@sh.itjust.works -3 points 1 year ago (1 children)

No, tax cuts are applying to every citizen. Tax cuts for companies are something else.

[–] Raphael@lemmy.world 3 points 1 year ago

How many millions of dollars in tax cuts did you get this year, huh?

Wake up.