The GOP tax plan is a ‘catastrophe’ that’ll make inequality ‘materially worse’
|11/30/2017||Posted by BusinessMediaguide.Com under General World News||
- The Senate version of the Tax Cuts and Jobs Act isn’t just ill advised, it’s “mean-spirited,” ex-American Airlines CEO Robert Crandall tells Business Insider.
- The plan would preserve many of the loopholes that help the wealthy both at the corporate and individual levels, analyses show.
- “They want to tax poor people in order to give new breaks for the rich,” Crandall said.
The Senate version of the Tax Cuts and Jobs Act, which is widely and accurately perceived as heavily tilted in favor of wealth families and corporations, isn’t just bad economic policy — “it’s simply mean-spirited,” veteran businessman and read more >>>