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Fact Check: Kamala Harris Says Trump Economy ‘Not Working for Working People’


               
2019 Jun 28, 3:25pm   2,203 views  29 comments

by WillPowers   follow (4)  

Sen. Kamala Harris (D-CA) said Thursday night that the Trump economy is “not working for working people” and cited the GOP tax cuts, despite the fact that the cuts helped vastly two-thirds of the American taxpayers and led to historic economic growth across the board.

Unfortunately, many Americans remain utterly unaware that they experienced a tax break:

Yet far from celebrating their lower tax bills as they prepared to file for the April 15th deadline, many Americans remain convinced they got no tax cut at all—or even that their
taxes went up. An NBC/Wall Street Journal poll in April showed that just 17 percent of Americans believe their taxes have been cut. A shocking 28 percent say they believe
their taxes went up. Other surveys have consistently found that less than one-third of Americans think they got a tax cut.

America is also seeing benefits from the Trump economy in other ways. A number of businesses announced investments in the U.S. following the passage of the tax cuts. In January 2018, Exxon Mobil announced a $50 billion investment in the American economy, citing the GOP’s tax bill.

“These investments are underpinned by the unique strengths of our company and enhanced by the historic tax reform recently signed into law,” Exxon CEO Darren Woods
wrote. “These positive developments will mean more jobs and economic expansion across the United States in a myriad of industries.”
SEE: https://www.breitbart.com/politics/2019/06/27/fact-check-kamala-harris-says-trump-economy-not-working-for-working-people/

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16   HeadSet   @   2019 Jun 30, 6:21pm  

This was mostly mitigated by an increase in state and local taxes.

Why would lower federal taxes cause local taxes to increase? They are not related. Did states do a money grab on the tax savings of the working people?
17   Shaman   @   2019 Jun 30, 6:36pm  

CovfefeButDeadly says
You know, it’s funny...she’s a die hard socialist Democrat despite seeing exactly what individual hard work does for a person. Maybe she’ll open her eyes at some point.


It’s a gender thing. Women are evolved to spread the wealth and make sure everyone has enough. Men are evolved to conquer and make stuff and provide for their families. They could give a shit about lazy fucks who don’t want to work for their own living. Socialism is attractive to women, and also to lazy men.
18   HeadSet   @   2019 Jun 30, 6:44pm  

CovfefeButDeadly says
.

You know, it’s funny...she’s a die hard socialist Democrat despite seeing exactly what individual hard work does for a person. Maybe she’ll open her eyes at some point.


It is also a sale. She may know that hard work works for almost all, but wants power based on selling the masses on the idea that only government can provide. You notice she (or any other Socialist) will not lead by example by capping their own earnings.

If I were a reporter, I would ask the Democratic Socialist whey they do not just accept a wage equal to the median in their constituent area, and give the rest back. Any money made from book sales and speeches get donated back as well.
19   Misc   @   2019 Jun 30, 9:01pm  

HeadSet says
This was mostly mitigated by an increase in state and local taxes.

Why would lower federal taxes cause local taxes to increase? They are not related. Did states do a money grab on the tax savings of the working people?


State and local governments seem to always be raising taxes and fees. They all have balanced budget amendments (supposedly, but nobody ever calls the politicians for breaking the state constitutions for going into the red; such as Illinois). So no money grab beyond that which is normally done.

Regardless, the Trump party is the party of free shit...just free shit for the rich. Still the Trump economy is better than the Obama economy.
20   Maga_Chaos_Monkey   @   2019 Jun 30, 9:45pm  

d6rB says
Edit: these type of jobs do exist in TX - but if 1/3 of PA and OH move here, they will become scarce and poorly paid. Also, we do not need any damned Yankees down here...


Yeah, I was going to mention that. Even back in the early 90s one of my best friends (dyslexic and not much into that learnin stuff) got a well paid job as a rough neck. These days he's an electrician and is apparently famous for being the guy who, "Energized the Samsung Plant", in Austin because most people were too scared to do that shit.

One of his jobs now is for the Toyota Truck facility in San Antonio I think. I suspect he has or could have more cash than I do at this point saved up.

The new shale phenom isn't just in Tejas either. Plenty of stupid people moved where the work is historically as well. Myself included. When I moved back to the bay area and fell off of the turnip truck mid 90s I didn't know shit.

But I think you're both right. I also think as time goes on d6rB is going to become more and more right. I would guess that the solution to that is to incentivize those with higher IQs to have more kids and those with lower to have less. Sadly, exactly the opposite of what we do.
21   Maga_Chaos_Monkey   @   2019 Jun 30, 9:48pm  

Misc says
Regardless, the Trump party is the party of free shi


Bah! Spoken like a socialist fuck that thinks what people earn isn't theirs to begin with. The Trump party is the party that gives you less freedom to take shit that isn't yours.
22   Maga_Chaos_Monkey   @   2019 Jun 30, 9:50pm  

HeadSet says
Did states do a money grab on the tax savings of the working people?


I don't know about other states but here in kommiefornia state congress critter immediately started screeching for state mandated federal tax cut "clawbacks". Heh heh... I had to edit that to put it in quotes. The nerve of those assholes calling that stealing a clawback. Like it didn't belong to those who 'earned' it.

I honestly don't recall if any of that was implemented.
23   Ceffer   @   2019 Jun 30, 10:51pm  

"Meanwhile for stock holders, the tax reduction increased the earning of the corporations." This is because the corporations made stuff that the people wanted to buy and could now afford because they had the extra money from the tax break. Corporations don't get something for nothing. It's only the LibbyFucks who think you can get something for nothing.
24   Al_Sharpton_for_President   @   2019 Jul 1, 3:49am  

d6rB says
.perhaps something other than Trump is the problem...
Dumb and destructive economic policies exemplified by folks like former Bill Clinton advisor Laura Tyson at UC Berkeley, who endorsed outsourcing to other countries as the US would replace these manufacturing jobs with high tech jobs. At UC Berkeley, Tyson moonlighted at an on campus economics "think tank" that received industry funding. The academics have become whores for the monied interests.

Ever hire someone to do landscaping at your house? In the Seattle area, even if a citizen owner shows up to quote the work, guess who does the work? Illegals. Drives down wages for workers, increases profits for owners. If you want to increase employment and wages, enforce E-verify. Cease outsourcing to overseas labor, and insourcing to imported labor who work at lower wages.

It was described long ago that the social compact was destroyed in the USA. There was even a book by that title.

And so yeah, the folks who in spite of this all, that have hustled, sweated, endured shit to earn a living and even put some aside have disdain for folks that just give up or want free shit.
25   Bd6r   @   2019 Jul 1, 8:09am  

willywonka says
even if a citizen owner shows up to quote the work, guess who does the work? Illegals.

Same in Tejas - even for big name housebuilders, only the front man is legal, everyone else is picked up at Home Depot parking lot and does not speak any English.

E-verify is crying for Trump executive order...any moment now...
26   Al_Sharpton_for_President   @   2019 Jul 1, 9:54am  

d6rB says
E-verify is crying for Trump executive order...any moment now...
Tee hee. But who will? Not the libtards who won't offend their voter base. Not folks taking money from large and small business. Who will stand up for these folks who could be meaningfully employed in manufacturing? Or programming, i.e., H1B visas.
27   HeadSet   @   2019 Jul 1, 12:09pm  

And so yeah, the folks who in spite of this all, that have hustled, sweated, endured shit to earn a living and even put some aside have disdain for folks that just give up or want free shit.

Yes. I had been saving for my daughter's college since she was born, only to watch tuition skyrocket in no small part to easy and irresponsible college loans. I see no reason to forgive these loans just so these clowns can now go out and rack up more debt that drives up the prices of cars and houses.
28   MisdemeanorRebel   @   2019 Jul 1, 1:40pm  

willywonka says
Dumb and destructive economic policies exemplified by folks like former Bill Clinton advisor Laura Tyson at UC Berkeley, who endorsed outsourcing to other countries as the US would replace these manufacturing jobs with high tech jobs. At UC Berkeley, Tyson moonlighted at an on campus economics "think tank" that received industry funding. The academics have become whores for the monied interests.


It's "Interesting" that many Universities don't require Professors to announce conflict of interests.

State Law should require that Academics at State Universities do so. Prepare to be shocked at how many Public Policy and Econ Profs are taking money hand over fist from Industry Groups.
29   Bd6r   @   2019 Jul 1, 3:25pm  

HonkpilledMaster says
It's "Interesting" that many Universities don't require Professors to announce conflict of interests.

Federal law does require to announce conflicts of interest if you hold ANY federal grants (NSF, Army, DOE etc). If you have only private grant money (from think tanks etc) then COE declaration might not be required. Also, declaring "conflict of interest" does nothing to stop conflict of interest. I know of several people high in hospital system who have National Institutes of Health funding (federal) and have YUUGE conflicts of interest (with startups they have created). Guess what - they got exemptions from their conflicts of interests from our illustrious Fed Gov.

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