“The advocacy group Not One Penny issued a statement citing various research that suggests the federal tax cuts will not directly benefit all Iowans. Nearly 1 in 4 Iowans will actually pay more taxes and more than 188,000 will see no reduction, according to the Institute on Taxation and Economic Policy, a liberal-leaning nonprofit, nonpartisan national economic policy think tank.”
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“Mike Pence should tell the truth to Iowa families who are hurting as a direct consequence of the Republican tax law that overwhelmingly benefits wealthy individuals and corporations at the expense of working Iowa families. Since the passage of the GOP tax law, nearly 3,500 Iowa workers have been laid off and workers’ wages have stagnated, while companies have pocketed record profits.”
“Vice President Pence has continued his tour propping up Republican tax cuts for the rich. It could not be more clear that this law disproportionately benefits millionaires, billionaires, and wealthy corporations at the expense of working families—including the nearly 11,000 workers laid off in Ohio since this law was passed.”
“Today, many Republicans seem to realize that the tax cut has become a political liability, which is why they aren’t talking about it ahead of the November election. Even they realize that it doesn’t do any of what they promised.”
“And Republicans, who have been adamant that talking about a booming economy will save them in the 2018 midterms, seem to have abandoned touting their tax cuts altogether. Instead they’re turning to the Trump playbook: Don’t talk about the tax bill, and stoke the culture wars.”