The Rich Get Richer (Again), and You Get the Bill
Trump and his Republican allies love to sell tax cuts as an economic miracle—pro-growth, pro-jobs, a golden ticket to prosperity for all. But let’s be real: the only people cashing in on this so-called prosperity are billionaires, hedge fund managers, and corporate executives.
A One-Way Cash Flow—Upward
The 2017 tax cuts were supposed to supercharge business investment and raise wages across the board. Instead, they supercharged stock buybacks and lined the pockets of shareholders. Now, in 2025, history is repeating itself—but even bigger.
- Billionaire net worths have soared—again. Trump’s latest tax proposals promise even more gifts to the ultra-rich, locking in low rates on corporate profits and slashing capital gains taxes.
- The carried interest loophole? Untouched. Hedge fund managers still get away with paying lower tax rates than teachers and nurses.
- Corporate tax cuts remain intact, ensuring that major companies pay little to nothing in taxes while the rest of us foot the bill.
The Trickle-Down That Never Came
Trump’s first-term tax cuts were sold as a catalyst for massive business investment and wage growth. The reality? Corporate profits boomed, but worker paychecks barely budged.
- Business investment didn’t skyrocket—corporations used tax windfalls to buy back their own stock, not to expand operations or raise wages.
- Middle-class wages remain sluggish, with real wage growth failing to keep up with inflation.
- The national deficit ballooned—because slashing taxes for the rich means less revenue, and sooner or later, someone’s gotta pay for it. Spoiler alert: it won’t be the billionaires.
A Strategy That Screws the Majority
This is the GOP’s tax philosophy in action: reward investors and CEOs with massive tax relief, even if it means higher deficits or cuts to the services regular people rely on.
- Need healthcare? Cuts are coming.
- Rely on Social Security? They’ll call it “unsustainable.”
- Expect investments in education or infrastructure? Sorry, all the money went to Wall Street.
At the end of the day, this isn’t an economic plan—it’s a heist. And unless you own a private jet or a portfolio of offshore accounts, you’re not on the winning side.
