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Alexandria Ocasio-Cortez
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The corporate tax cuts were necessary to return the US to parity with Europe. We were continually losing jobs and corporate headquarters to their lower tax rates, and revenue from corporate taxes would have declined even further without the cut. The rest of the tax cuts were revenue neutral, giving the working class a tax cut at the expense of the highly paid management class, especially those in high tax states. None of this was expected to raise tax revenues (although it may have), just to slow the decline.
The spending increase was a mistake, but we have very few Pubs (and no Dems) willing to cut spending. Because of that this has become a non-issue as far as the elections are concerned. Back to the original topic, Ocasio-Cortez is the poster child for the pathetic lack of economic understanding from the Dems, with emphasis on the party's left wing progression into full blown Venezuelan style socialism. The Pubs have gotten lots of gifts from the Dems recently, with Hillary and AO-C the two huge gifts. "Why should I give information to you when all you want to do is find something wrong with it?" |
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