Speaking of the poor.
Big lie #1 from the Republicans is that cutting the corporate tax rate will prompt corporations to use their savings to hire more people and increase wages.
In 2007-2008 the economy crashed and the unemployment rate shot up to 12%.
Over the past 10 years the unemployment rate has fallen to 4.7% (full employment) and wages have increased very little.
Bloomberg News has an article by Toluse Olorunnipa today entitled “Major companies plan for tax cuts paying stockholders first.” (Cisco, Pfizer, Coke and others.)
We can forget about job creation and higher wages if the Republican/Trump Tax Cut bill passes.