Republicans' tax cut scam proving a windfall for Wall Street, making it a hard sell on Main Street

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www.dailykos.com—Republicans are already finding it a challenge to run on their single new legislative accomplishment in the Trump era—the tax scam. Voters are underwhelmed by it, if not downright hostile to it, and most people just aren't going to see much relief from it at all. Meanwhile, they're seeing headlines like this: "Big banks saved $3.6B in taxes last quarter under new law." That's probably not going to be helping the Republicans' PR job here. Big publicly traded banks—such JPMorgan Chase,...

Wall Street Journal struggles to deal as Republican tax scam fails to make the economy soar. Campaign Action Who could have predicted! The Republican tax law is not sending the economy into the stratosphere, as only partisan Republicans claimed to believe it would do. The Wall Street Journal has all sorts of reasons that might possibly maybe explain why the U.S. economy slowed down in the first quarter, but if you were a true believer in the Republican tax law, well, here's the bottom line: Still, the first quarter was when the tax cut took effect, raising the take-home pay of many...