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Monday, April 30, 2018

Marco Rubio Speaks Out Against GOP Tax Bill


Sen. Marco Rubio says the new GOP tax law isn't providing as Republicans promised. It was argued that the lower corporate tax rate would save companies money... that would then create higher salaries and bonuses, so it was cut to 21% from 35%. Rubio suggests that hasn't yet come to fruition. "There is still a lot of thinking on the right that if big corporations are happy, they're going to take the money they're saving and reinvest it in American workers... In fact they bought back shares, a few gave out bonuses; there's no evidence whatsoever that the money's been massively poured back into the American worker." Rubio The argument made by Rubio is nearly identical to the one made by Democrats. Corporations will reward shareholders through share buybacks and increased dividends instead of giving to workers. But the GOP tax law he refers to is similar to a 2015 proposal from Rubio himself... that proposed cutting the corporate tax rate to 25%. https://ift.tt/2JHk3ib http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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