Sophisticated economic jargon is routinely used to pull the wool over the eyes of the American people. We're consistently told we "don't have the money" for things that should simply be considered rightfully ours.
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A case in point is the 2017 tax cut v. the college loan debt crisis. The tax cut (83 cents of every $ went to richest people & corp) cost $2T, and the loan debt is less than that. The 2017 tax cut should be repealed, although the middle class tax cut part of it should be kept in.
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See what really went on there. We're told the tax cut was an economic stimulant - which it wasn't. THE REAL ECONOMIC STIMULANT WOULD BE TO REMOVE THE COLLEGE LOAN DEBT ENTIRELY. The release of creativity & productivity would immense, creating wealth across the board for everyone.
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Repeal '17 tax cut, put back middle class one, stop corp subsidies like $26B to fossil fuel last year, govt negotiate w/ Big Pharma, 3% tax on billionaires (Warren), 2% on $500 million+ (same). Free state college & U tuition & removal of college debt. All will STIMULATE economy!
Jul 24, 2019 · 4:53 AM UTC
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