“Two years ago today, Republicans in Congress passed a sweeping tax cut,” writes NPR’s Scott Horsley. “It was supposed to be a gift-wrapped present to taxpayers and the economy. But in hindsight, it looks more like a costly lump of coal.”Horsley, NPR’s chief economics correspondent, says the economy appears to have received a short-term boost from the tax cuts, but the effect wore off quickly. Overall, the tax cut package pushed through Congress on a party-line vote has failed to fulfill its promises, he says, providing details on some key issues: * While President Trump said the tax …read more
Source:: Yahoo Finance
