federal budget

Shocked but not surprised: Trump budget is more pain for working families

March 22, 2019 // 0 Comments

By HENRY GARRIDO I have said it before in this space: Budgets are not just numbers, dollars & cents. When presidents/governors/mayors present a budget, they are telling you what they value, who they value. What their priorities are – and what they are not. Donald Trump the candidate thundered on during the campaign about how he was going to make life better for millions of American families left behind by economic inequality and stagnant wages. To date, Donald Trump’s signature accomplishment is his so-called tax “reform.” As a candidate, Trump claimed his tax plan was going to help working families and target the rich. But the tax bill that President Trump signed into law “spread tax gains unevenly across income brackets, with high earners enjoying the biggest windfalls,” according to National Public Radio. Under his tax plan, rich real estate investors — including [More...]