If I was a democrat...I'd shut my mouth about the tax plan. Period. I'd keep it closed. Because when people begin seeing bigger paychecks, etc. they're gonna remember the politicians that whined about this, told them it was bad, told them they'd get crumbs, etc.
But they won't learn. They never do. They did the same thing with net neutrality. It's all doom and gloom, and here we are months later and the earth still spins.
__________________ "I know it's gonna work because it's impossible"-George Lucas
I understand and agrees. But at the same time, human beings are selfish creatures. No matter how good is the economy, if a business owner is not making a profit, you need to give them an incentive to want to either keep the business, or not move it somewhere else where they’ll definitely make a profit.
No, it is a valid point. If someone got to keep an extra $1000 after-tax throughout the year, that's only an extra $19.23 per week they're saving. If they're one of the few who got a one-time bonus of a $1,000, they'll only get to keep just over half of that after taxes.
It's not nothing, and it does help them a bit, but it does very little to alleviate their financial hardships in the long-term like increased wages and lower taxes would. In a few years, they'll benefit even less because their taxes will get raised, while the wealthy's taxes stay the same.
I would agree with you if they weren't making actually making a profit, but they are. Many companies are even reporting record profits, and they're cutting jobs anyhow, and they're refusing to significantly raise wages. It's cheaper to give a full-time employee a one-time $1,000 bonus than it is to give that person an extra dollar per hour worked for a year ($2080 per year), by more than half...and it's cheaper to give only workers who meet certain criteria the full bonus amount and everyone else even less.
So why support a tax reform that benefits them much more than the majority of Americans? Businesses would benefit from it anyhow, but they would have to work harder to compete amongst each other for the resuliting increase in consumer demand.