Gardner no friend to Colorado Two years ago, Cory Gardner supported Donald Trump’s Republican tax bill in which wealthy individuals and corporations received breaks that dramatically reduced or …
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Gardner no friend to Colorado
Two years ago, Cory Gardner supported Donald Trump’s Republican tax bill in which wealthy individuals and corporations received breaks that dramatically reduced or eliminated their tax obligations. For the first time, federal tax rates are higher for the middle and lower classes than the very wealthy. Some corporations don’t pay any federal taxes at all.
With the increased income, the wealthy can divert excess profits to re-election campaigns and lobbyists to buy votes in Congress to benefit the wealthy. This exacerbates income inequality in the US since middle-class incomes continue to shrink. The unemployment rate is lower, but so too is the average income. According to the Brookings Institute, almost half of American workers ages 18-64 are employed in low-wage jobs with few opportunities for advancement.
Gardner promised the citizens of Colorado that the Republican tax bill would “generate economic growth, wage growth, investments in our economy that will far outweigh any concerns that people may have about the deficit.”
He was incorrect. The federal deficit has grown to $1 trillion this year.
The mounting deficit provides reasons for Republicans to assault the Affordable Care Act, attempting to reverse Medicaid expansion and take health insurance from people with lower incomes or preexisting conditions.
Gardner is not a friend of working people in Colorado. Fortunately, he is up for reelection in 2020. Gardner chooses to represent wealthy donors over his constituents; let’s elect a senator who represents the people of Colorado.
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