Replies to post #31033 on The New CS Board

[dmorse]

Inequality increased big time the past 8 years. During the Obama years, I feel the inequality expanded at the fast pace in the past 3 decades. People who were invested in the stock market, able to take advantage or low interest rates and maybe had the cash set aside to gobble up depressed real estate right after it crashed have made out the best. The little guy has been working multiple jobs, maybe getting government assistance with food stamps or medicaid. I feel like this tax cut really helps lower middle class families, emphasis on families. If you have 3 children, you will get an extra $3k in your refund... that is huge! That also dramatically increased the income thresholds under which the credit can be claimed up to $200k for single parents and $400k for married couples. Plus, you are already starting to see more and more companies make announcements regarding pay raises, Starbucks is the latest to announce today. I think the corporations know they have to do the right thing and pass some of this along to employees. I mean, doesn't it make sense that if the government over taxes corporations it has to come from somewhere? Jobs and self-sustaining allows people to keep their dignity over government welfare.