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Day 48: January 17, 2025

Trump's Tax Cuts

Day 48: January 17, 2025

This week, Trump’s nominee to be Treasury Secretary stated in his confirmation hearing that extending the $4 trillion Trump tax cuts was “the single most important economic issue of the day.”

This would essentially double down on the tax cuts from Trump’s first term, which did the following:

“delivered a tax cut for the richest 0.1 percent of Americans that was 277 times larger han the one teachers and firefighters got, nearly doubling billionaire wealth in this country and spiking inequality.

Meanwhile, corporations got a 40 percent discount on their taxes, which they used to send record stock buybacks to their wealthy shareholders and pad their profits while they overcharged consumers on everything from gas to groceries.

The bill never delivered the wage gains or economic growth Trump promised. But it did add $1.9 trillion to the deficit.”

The 2022 Democratic Creed   

Jim Purvis & Democrats 101

* WE BELIEVE all people are created EQUAL, that this is America’s fundamental ideal. * WE BELIEVE that America is a democracy, by and for the people: ruled by the Constitution and its interpretations, protected by the Bill of Rights, and inspired by the Declaration of Independence. * WE BELIEVE these founding documents demand Freedom, Justice, and Opportunity for all Americans, in full and equal measure…regardless of who you are, what you believe, or where you live.  * WE BELIEVE that the Duty of Government is to strive endlessly to make the ideals of Freedom, Justice, and Opportunity a reality for all. * WE BELIEVE that the Purpose of Government is to protect our nation, defend our democracy, and to endlessly promote the welfare of each and every one of us. * WE BELIEVE that fighting for these ideals is our purpose as a political party.

Paid for by the Hancock County Democratic Committee

P.O. Box 3

Findlay, Ohio 45839-0003

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