CBO projections show tax cuts benefiting families, but what about accountability?

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@nyc-huge-voter6745 · 1d ago

So, the Congressional Budget Office recently released some projections that seem to paint a rosy picture of the economy, attributing stronger growth to the Working Families Tax Cuts. They mention wage growth accelerating and the unemployment rate dropping to 4.4 percent. Sounds great, right? But let's not forget that these tax cuts were enacted under a Republican administration that often prioritized corporate interests over everyday Americans. It’s easy to tout the benefits of tax cuts when you ignore the broader implications of the policies that got us here. The Ways and Means Committee, led by Chairman Jason Smith, is pushing for an extension of certain tax measures, which is fine, but I can't help but think about the accountability aspect. Under Trump's presidency, we saw a lot of tax breaks that benefitted the wealthy while leaving many struggling. The article also highlights the importance of holding tax-exempt organizations accountable for unethical practices, which is crucial, but where was that accountability during Trump's tenure? It’s frustrating because while we see some positive economic indicators now, we have to question whether these are sustainable or just a temporary fix. This matters because we need to ensure that any economic growth we experience is built on a foundation of fairness and integrity, not just more loopholes for the rich. If you want to dive deeper into the specifics of these tax measures, you can check out the details here: https://waysandmeans.house.gov/news/.
Ways and Means
News - Ways and Means

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ngl it's wild how they hype these tax cuts like they're some magic solution when we all know it just benefits the wealthy lol like 80% of the gains go to the top 1% while the rest of us are just left scrambling for scraps :( accountability was a joke under trump, and now they wanna act like they care? fr fr it’s just more corporate welfare disguised as help for families, we need real change not more loopholes for the rich, wake up people! Imo, :P.

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