Ortiz: Success of Tax Cuts Exposes Hypocrats

Tax cuts are “Armageddon” and “the worst bill in the history of the United States Congress,” said House Minority Leader Nancy Pelosi (D-Calif.) in December. They’re “irresponsible, reckless, unjust, and just plain cruel,” said Sen. Cory Booker (D-N.J.).

“Republicans will rue the day they passed” tax cuts, said Senate Minority Leader Chuck Schumer (D-N.Y.). They’re “highway robbery,” said Sen. Bernie Sanders (I-Vt.) and “a heist” added Sen. Elizabeth Warren (D-Mass.).

Whoops. What a difference a couple of months make. The early returns are in and tax cuts are an unqualified success. Hundreds of major American companies, which collectively employ millions of Americans, have directed part of their tax savings to significantly raising worker pay.

Walmart, the nation’s biggest employer with 1.4 million U.S. employees, raised its minimum wage to $11 and gave up to $1,000 bonuses to its employees. It turns out tax cuts have done more for entry-level employees than the “Fight for $15” ever has. Paychecks this month are also bigger due to new IRS tax withholding tables taking effect.

According to the Tax Policy Center, the average earner will receive about $135 more a month, and more if they have kids.

Have Democrats apologized for their misguided tax cuts fear-mongering? No. In fact, they’ve doubled down on it, promising to repeal them, which would raise taxes on millions of ordinary Americans, if they retake Congress this fall.

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