The GOP Tax Cuts Didn't Work Republicans said the reform would grow the economy
The GOP Tax Cuts Didn’t Work
Republicans said the reform would grow the economy by up to 6 percent, stimulate business investment, and pay for itself. None of that happened.
OCT 31, 2019
Derek Thompson at the Atlantic
https://www.theatlantic.com/ideas/archive/2019/10/why-donald-trumps-economic-dream-crumbled/601153/
"SNIP.....
Donald Trump’s signature legislative achievement was the corporate-tax cut he signed in 2017. Republicans said it would grow the economy by up to 6 percent, stimulate business investment, and pay for itself.
None of those promises have come to pass. GDP growth has declined to less than 2 percent according to the latest report, released yesterday. Business investment has now declined for two straight quarters, dragging down economic growth. And the federal deficit exceeds $1 trillion.
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.............. We could use more things in this country—particularly things that people can live in, otherwise known as apartments and houses. Private and public investment in fixed capital like real estate has declined tremendously as a share of GDP in the past 60 years. This fact has contributed to a housing shortage, particularly on the coasts, which has made homeownership nearly impossible for the middle class near America’s richest cities.
Some debates about Trump seem split between those who consider him infallible and those who consider him dangerously all-powerful. When it comes to the economy, he is rather obviously neither—both too stuck in the past to help the economy and too weak to destroy it.
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= new reply since forum marked as read
it should become a poster for when the Repugs come up with another "tax cut" plan! 
