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  • The Atlantic

    The GOP Tax Cuts Didn’t Work

    Republicans said the reform would grow the economy by up to 6 percent, stimulate business investment, and pay for itself. None of that happened.
    by Derek Thompson Oct 31, 2019 2 minutes
    Source: Jonathan Ernst / Reuters

    Donald Trump’s signature legislative achievement was the corporate-tax cut he signed in 2017. Republicans said it would grow the economy by up to 6 percent, stimulate business investment, and pay for itself.

    None of those promises have come to pass. GDP growth has declined to less than 2 percent according to the latest report, released yesterday. Business investment has now declined for two straight quarters, dragging

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