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1. Embed this notice
   felis_catus_domesticus (felis_catus_domesticus@toot.io)'s status on Thursday, 22-Aug-2024 03:35:42 JST felis_catus_domesticus

   in reply to

   • Robert Reich

   @rbreich and stupidly... people believed them.

   we get what we vote for.

   • Embed this notice
     Robert Reich (rbreich@masto.ai)'s status on Thursday, 22-Aug-2024 03:35:43 JST Robert Reich

     Trump’s tax law cut the corporate tax rate from 35% to 21%.

     What did corporations do with the money saved?

     They didn’t invest it or raise wages.

     They spent a record $1 trillion on stock buybacks the year after the law went into effect.

     Nothing trickled down to workers.

     Bill repeated this.