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Tag Archives: Stock buybacks

Tax Cuts – Middle Class Boost or “Fake Math”?

Washington – With Republicans surfacing more details of their tax-cut package and debate sharpening over its likely impact, Trump’s top economist forecasts a boost of $4,000 in annual income for the typical American family but most economists don’t buy that estimate and Senate Democratic Leader Chuck Schumer derides it as “fake math.” In fact, one […]

Inside The Tax-Cut = Job Growth Myth

Washington – Riding a tide of tax cuts and rising profits over four decades, the captains of Corporate America have shifted $1 trillion each year from the paychecks of middle class Americans into massive payoffs to Wall Street investors and CEO pay packages. And now they want you to believe, once again, that cutting corporate […]

Why Good News/Bad News for the Middle Class?

Olga, WA – If you’re baffled by the latest good news/bad news for the American middle class – word that in 2015 typical family income got its best boost in five decades, but families are still worse off than in 2007, just think about trickle-down economics and how it works. During an economic recovery, the […]

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