Jared Bernstein: GOP Tax Plan ‘that Takes from the Middle and Gives It to the Top Doesn’t Make Any Sense’

‘The corporate sector, especially the multinational sector is already kind of crushing it’

RUSH EXCERPT:
BERNSTEIN: "One of the reasons, I kind of agree with John on this, one of the reasons that the stock market is doing well is not because of the tax cuts. That's priced in like John said. It's because corporate earnings have been really quite strong, persistently so. Corporate profitability is near an all-time high. So I ask you why does the middle class have to pay for a bunch of tax cuts for the corporate sector? The corporate sector, especially the multinational sector is already kind of crushing it and yet we have this tax plan that takes from the middle and gives to the top. That doesn't make any sense."
 

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