TAX OVERHAUL MUST WORK FOR ALL, NOT JUST RIG IT FOR RICH AND BIG BUSINESS: “I think in their heart of hearts they believe that only the wealthy really help the economy, and they believe that the wealthy just carry the rest of us on their backs, that we're all worthless, and only the Charles Kochs and Robert Mercers of the world really add economic value to the economy, and, of course, this is just utterly ridiculous.” You don’t grow the economy by cutting taxes. The economy expands when consumers – mostly those at the middle income levels – have more disposable cash to go out and buy things. Look no further than our own state to see the proof. Over the last five years, the General Assembly has lavished tax cut upon tax cut to corporations and the wealthy while, in many ways, increasing tax burdens on those in the middle. What is there to show for it? A stagnant economy, underfunded critical state needs, declining tax revenues and the distinct possibility of a half-billion hole in the next state budget.
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