Katie Porter: “7 years ago, the trump tax scam let the largest corporations off the hook from paying their fair share of taxes. The…”

“7 years ago, the trump tax scam let the largest corporations off the hook from paying their fair share of taxes. The Trump administration bogusly claimed that slashing the corporate tax rate would raise the average household's annual income by at least $4,000. Unsurprisingly, economists from the Joint Committee on Taxation and the Federal Reserve found that never happened. Seven years later, the bottom 90 percent of workers still haven't received higher earnings from the tax cut. Where did the extra money from Trump's tax changes go? Straight to the very tippy-top highest paid earners. They used them to line the pockets of their already wealthy executives and shareholders with $4.4 trillion in stock buybacks and dividends. Congress must end this rip- off. ____________________”