Bernie Sanders Reacts & CRUSHES Trump’s New Tax Reform plans


YouTube has the video Bernie Sanders Reacts & CRUSHES Trump’s New Tax Reform plans 9/27/2017.


Bernie has an excellent message here.

Personally, I posit that tax cuts for the wealthy actually harm the economy. The tax cuts do not create more jobs for American workers, they actually cut jobs for American workers. American workers with money to spend is the foundation of consumer demand that drives the need to hire people to fulfill that demand. If we shift even more money from the workers to the ultra-rich, there will be even less consumer demand, and less need for workers to produce goods and services.

In another Sanders sponsored video, there is the empirical evidence that Corporate Tax Cuts Don’t Create Jobs. His video doesn’t try to give an explanation as to why this is. My explanation above is nothing more than Keynesian economics.

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