We've been having some fun at the expense of Nancy Pelosi and the Democratic Party's literally apocalyptic hyperbole and rhetorical overreach about the new tax reform law, showcasing examples of businesses -- large and small -- that are celebrating passage of the landmark legislation by paying out employee bonuses, raising wages, expanding, and making charitable investments. For what it's worth, here are a few additional examples that have cropped up since our last pre-Christmas post on the matter. As we await more announcements from corporations and small businesses across the country in the new year, I'd like to go back and underscore two significant developments that Matt covered over the holidays -- they're both really important.
First, in a video I flagged as "must watch" on Twitter, CBS News delved into the personal finances of three families across the country to determine how the new tax law will impact them. Each household cut distinct profiles; a low-income single mother in North Carolina, a pair of middle-income married educators in Rhode Island, and married small business owners with three kids in California. One thing that all three families had in common: Anxiety about the GOP plan. None of them were optimistic about how the new system will affect their pocketbooks, with two families explicitly anticipating a tax hike. This reflects widespread public opposition to the bill, driven by aggressive misinformation from the Left. When an accountant ran the actual numbers, however, all three households discovered that their tax burden was going down. Watch the entire thing:
BOOM: CBS News Report and Bernie Comments CONFIRM Sweeping Benefits of GOP Tax Law
First, in a video I flagged as "must watch" on Twitter, CBS News delved into the personal finances of three families across the country to determine how the new tax law will impact them. Each household cut distinct profiles; a low-income single mother in North Carolina, a pair of middle-income married educators in Rhode Island, and married small business owners with three kids in California. One thing that all three families had in common: Anxiety about the GOP plan. None of them were optimistic about how the new system will affect their pocketbooks, with two families explicitly anticipating a tax hike. This reflects widespread public opposition to the bill, driven by aggressive misinformation from the Left. When an accountant ran the actual numbers, however, all three households discovered that their tax burden was going down. Watch the entire thing:
BOOM: CBS News Report and Bernie Comments CONFIRM Sweeping Benefits of GOP Tax Law
