George Miller: “The Wall Street Journal this morning tells the wealthy what to do. Ready, get set, here is how to profit from your big…”

“The Wall Street Journal this morning tells the wealthy what to do. Ready, get set, here is how to profit from your big cut in capital gains. What the Journal describes is how the rich can manipulate their income so they avoid paying the same tax rate that wage earning Americans pay every day of their life; how the rich can pay a 20-percent rate while those who are getting a paycheck every day pay a 28-percent rate on their income; how they can manipulate their stock dividends so as not to pay ordinary tax on their dividend income; how to avoid paying estate taxes even though the estate taxes are going to be reduced. What the Republican bill does is shower these benefits on the wealthy of America while denying hard-working families even the right to the child tax credit. What they are saying to millions of working families who get up every morning, go to work, they work hard they just do not make a lot of money, that they are not going to share the benefits of this tax bill with those families because they have given too much to the wealthy and there is just not enough left over for wage earners in America.”