When Hillary Clinton recently borrowed Elizabeth Warren's talking points and claimed "the deck is still stacked in favor of those at the top" against regular working people, did she mention reforming the tax code — and then offer any solutions? The simple answer is "no"; and unless she is ever pressed by the mainstream "liberal" media, she will probably dodge this question the same way GE dodges taxes.
It didn't take long before the new GOP House began passing a series of deficit-hiking tax cuts that will primarily help the rich at the expense of everybody else. Rep. Paul Ryan (R-Wis.), the new chairman of the Ways and Means Committee (which writes tax legislation), wants to make some previous tax breaks permanent — arguing that Congress has previously extended certain tax breaks before.
There are those (like Stephen Moore at the Heritage Foundation) who have persistently been saying for years that the U.S. should lower it's corporate tax rate to be more globally "competitive". They have repeatedly said that America has the highest [statutory] corporate tax rate in the entire world — although, in reality, American multi-national corporations usually have a much lower "effective" tax rate, because of all the Congressionally approved "loopholes" in our tax code.
We've heard it so many times before: Tax reform. When the Democrats say it, it usually means raising taxes (mostly on the rich). When the Republicans say it, it almost always means cutting taxes (mostly for the rich).
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