As the Trump administration limps to a close, the main legislative achievement of the last four years has been a tax cut for the wealthy. For years Democrats have wondered how Republicans can get away with cutting taxes for the rich, again and again, and yet still count on a large number of votes from working class voters. The answer is that these voters are not voting for Republicans despite the tax cuts for the wealthy, but because of those tax cuts.
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Tax Cuts and the U.S. Economy
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As the Trump administration limps to a close, the main legislative achievement of the last four years has been a tax cut for the wealthy. For years Democrats have wondered how Republicans can get away with cutting taxes for the rich, again and again, and yet still count on a large number of votes from working class voters. The answer is that these voters are not voting for Republicans despite the tax cuts for the wealthy, but because of those tax cuts.