July 28, 2018

Tax Cuts Only Help the Wealthy, Right? American Paychecks Show Otherwise

Like you, we are seeing something wonderful and — until recently — unusual as we enter stores: taped to the front window or hanging behind the counter is a “Help Wanted” sign.

Editor’s note: This piece is coauthored by Rep. Cathy McMorris Rodgers (R-WA).

Like you, we are seeing something wonderful and — until recently — unusual as we enter stores: taped to the front window or hanging behind the counter is a “Help Wanted” sign.

What a welcome change from previous summers! Every month this year has posted strong jobs reports, and the unemployment rate among minorities is now at an historic low. Just last month, another 213,000 jobs were added as businesses continued the longest-running job growth trend in our history.

Since Congress passed the Tax Cuts and Jobs Act in December, Uncle Sam has been demanding less from us in tax payments. And as a result, American families across the country are better off now because they are benefiting from bigger paychecks and more jobs.

This year alone, the average household in Washington State’s 5th District will see a tax cut of 13 percent and an increase in take-home pay of more than $17,000 over the next 10 years, according to a new study from The Heritage Foundation. President Donald Trump promised a tax cut for the middle class, and that’s just what Congress delivered.

Meanwhile, residents of New York’s 15th District, one of the lowest income districts in America, saw their income taxes cut by about 30 percent. Next time you hear someone say that Trump’s tax cut benefits only the wealthy, remind them of the folks in South Bronx who will see their 2018 tax bill cut by a third.

The benefits of tax reform are just getting started, and we want to keep that momentum going.

Each year the new tax law is in place, American workers and their families will reap larger rewards. More than 650 companies are using the tax cuts for employee bonuses, pay increases, charitable contributions, and new investments. For example, Premera Blue Cross announced it is dedicating $40 million to community reinvestment. Hope House — a women’s shelter in Eastern Washington — will receive $1 million to help more women find permanent homes, according to a recent story.

Opponents of this conservative pro-growth agenda are mounting a campaign to roll back the tax cuts and reverse the great economic growth we are now seeing. We cannot let this this happen.

Inland National Bank, a regional independent community bank in Spokane, Washington, is another great example. INB announced it has shared its tax savings with its employees by raising their base pay to $15 an hour and providing bonuses.

Stories like these are being told and retold all across America. In every state, businesses have passed the benefits of the tax cuts on to their employees. And in every single congressional district, taxpayers are seeing a tax cut.

For the first time in American history, there are more jobs available than people looking for them. Rather than sitting on the sidelines, more workers are eagerly looking for work — which is readily available. A majority of the uptick in new job seekers is fueled by women, individuals with disabilities, and minorities, looking for their first job or reentering the workforce after a poor economy pushed them out many years ago.

Opponents of this conservative pro-growth agenda are mounting a campaign to roll back the tax cuts and reverse the great economic growth we are now seeing. We cannot let this this happen. Americans are better off now than they were two years ago — the economy is booming again. Since some of the tax cuts passed by Congress last year are not permanent, they instead need to be extended and made permanent.

All Americans deserve to enjoy freedom, opportunity, and prosperity. And permanently extending the 2017 tax cuts is a vital step to ensure that they — as well as their children and grandchildren — are able to do exactly that.


Republished from The Heritage Foundation.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.