Them that’s got shall get

Robert Reich, former Secretary of Labor:

The House just passed the disgraceful Trump-Republican tax bill, enacting large and permanent tax cuts for corporations (that is, the richest 1 percent who own 40 percent of all shares of stock), and temporary cuts for individuals (the lion’s share going to the richest 1 tenth of 1 percent). The Senate is expected to approve it tonight or tomorrow, and Trump will sign it into law before Christmas.

A decade from now, according the nonpartisan analysts, the top 1% will have received 83% of the gains from this tax cut, and the richest 0.1% will get 60% of the gains. But 13 million Americans will have lost health coverage, the national debt will be $1.5 trillion larger, and Republicans will use the debt as an excuse to target Medicaid, Medicare, and Social Security.

Never before in American history has this much money been transferred from the poor and middle class to the rich. Shame on the Republicans and on Trump. We must, as the saying goes, throw these bums out.

Is the swamp drained yet?

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