Shocking to explain the fact that the top 60 profitable corporations in the United States paid no income tax for the year 2018. Leaving many taxpayers surprised to find that they had to pay more taxes than last year or received significantly fewer refund dollars from the IRS. Such companies as Amazon, IBM, Netflix, and Chevron had millions in U.S income and received a federal income tax rebate of 3 digit millions.
According to https://www.counterpunch.org/2019/05/03/big-corporations-pay-no-income-tax-unlike-you/ the cost of poverty is becoming unbalanced, cutting $845 billion in Medicare, $1.5 trillion in Medicaid and $84 billion in Social Security. Something Tump promised he would not do when running for president. I'm sure most of the middle-class trump supporters did not exactly know what Trump meant when he said: "tax cut would lead to higher wages". Talking about this in actual time is unreal. Unbelievable what a president with power can do and not think fairly to most of America. Is the "wall" the solution to all these financial and debt problems in our country?
Because of many new laws, new data from ABC news concludes that 55% of Americans will not be voting for Trump in 2020 and that sounds amazing. The facing of a new outbreak of corporate tax avoidance under the Trump GOP is truly unfair for many citizens bringing me to my last statement in which Trump continues to lie and does not deserve to be the president of the United States.
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