John Funderburk for Congress | Repeal the tax cuts
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Repeal

Reduced the velocity of money

THE

Doubled our deficit

  1. Money in the hands of the ultra rich does not circulate as it does on the hands of regular people

TAX CUTS

Reduced Economic Demand

  1. Money in the hands of the ultra rich does not circulate as it does on the hands of regular people
  • Legend One

  • Legend Two

  • Legend Three

What they promised the Tax Cuts for the Rich and Wealthy would do
Increased Investment
They promised by allowing Corporations and Rich families to pay less taxes they would in turn recycle that money into capital investments
Turbocharge the Economy
These capital investments were supposed to be realized through hiring workers and creating contracts. Which in to benefit American families.
Economic Growth
They promised by allowing Corporations and Rich families to pay less taxes they would in turn recycle that money into capital investments
What Tax Cuts actually did
% of American Companies buying their stock back from 2013-2018
20%

2013

2%

2014

3%

2013

5%

2016

13%

2017

48%

2018

Removes money from the system and locks up wealth for the rich

By reducing share count you artificially inflate the stock price

By reducing share count you artificially inflate the stock price

enabling executives who get company stocks as bonus an additional raise

allowing the rich to rig the system to directly enhance their wealth while our debt explodes