Tuesday, May 01, 2018

Little Marco Rubio Blows the Whistle on the Republican's Tax Cuts

Things are pretty bad when Florida senator can't look the other way, even for the team.

Marco Rubio says "there's no evidence whatsoever" that the recent Republican tax cuts are sharing in the benefits of windfall corporate tax cuts.

“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,” Rubio said in a recent interview with the Economist. “In fact they bought back shares, a few gave out bonuses; there’s no evidence whatsoever that money’s been massively poured back into the American worker.”
What? The "trickle down" theory is a fantasy, utter nonsense? In the name of our Lord Reagan, please say it ain't so.

Now Rubio isn't the first one to discover that the tax cut windfalls went to the rich and powerful and stayed there or that corporations applied that extra cash to share buy backs and enhanced executive compensation but he's probably the first Republican senator to acknowledge the scam.


Anonymous said...

Wow! That Koch Brothers' cheque made out to "Big Gulp" Rubio must have bounced!


The Mound of Sound said...

Great, Cap. Love it.

Purple library guy said...

I am utterly flabbergasted that Rubio of all people told the truth about . . . well, anything, really, but that of all things.

The Mound of Sound said...

That was my first thought also, PLG.

Anonymous said...

Looks like Rubio woke up to the sight of a horse's head or a Trump steak (but I repeat myself):

On the whole, the tax cut bill helps workers. It’s just not massive tax cuts to multinational corporations that do it.
Overall, the Republican tax-cut bill has been good for Americans. That is why I voted for it.

Either that, or the Koch cheque finally cleared.