Kyle Kulinski
@seculartalk·2.1M subscribers·24.1K videos
Wages TANK After Trump's Wealthy Tax Cut
Posted
July 27, 2018
Views
52,867
Likes
2,578
Comments
680
Engagement
6.16%
July 27, 2018
52,867
2,578
680
6.16%
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4:54Now PlayingWhen Republicans delivered $1.5 trillion in tax cuts last December and slashed the corporate tax rate from 35 percent to 21 percent, they said it would come with a big wage boost for American workers. Except it hasn’t.
Over the weekend, this chart from Bloomberg showing private data from PayScale’s wage index swept across Twitter. It shows a drop in wages in the second quarter of the year. While wages have risen by 12.9 percent overall since 2006, wages adjusted for inflation (so-called “real wages”) have actually fallen by 9.3 percent...
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