Sherrod Brown in The Cincinnati Enquirer


On Tax Reform: Help working families instead of millionaires & corporations

Last fall, Congress and the White House had a chance to come together and pass a bipartisan tax reform bill that put more money in the pockets of working families and created good-paying jobs in the United States. Instead, Washington leaders chose to give handouts to millionaires and corporations that send jobs overseas.

While the typical pharmacy worker or restaurant cook or cashier or janitor in Ohio will see an average tax cut of just $33 a month, someone making more than $830,000 a year will rake in $5,100 every single month in tax cuts. And the bill actually created a new set of incentives to reward corporations that outsource jobs.

We were promised that the corporate tax cuts would end up in workers' pockets in the form of higher wages. Instead, corporations have used their tax cut to buy back more than $700 billion of their own stock since the law passed. Stock buybacks don't support workers--they are a financial sleight of hand to boost shareholder profits and CEO bonuses.

Source: The Cincinnati Enquirer OpEd for 2018 Ohio Senate race Aug 14, 2018

The above quotations are from Media coverage of Ohio political races in The Cincinnati Enquirer.
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