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The GOP’s tax cut has been a massive failure — and these numbers prove it

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It’s been one year since the Republican Party passed its massive tax cut — and so far it’s remained a political albatross for the GOP as the party’s promises of massive wage growth for workers have yet to pan out.

The Washington Post’s Matt O’Brien has taken a look at some of the numbers associated with the tax cut and has found that it hasn’t come close to living up to Republicans’ promises in nearly any aspect.

President Donald Trump, for instance, boasted that the tax law would cause companies to bring back $5 trillion in overseas profits back to the United States — but so far, they’ve brought back a measly $143 billion.

Meanwhile, notes O’Brien, businesses’ nonresidential fixed investment last quarter rose by just 0.8 percent, even though the GOP promised that its tax cuts would lead to an explosion in domestic investments by corporate America.

So what have corporations done with their tax cut windfalls? Instead of investing in their businesses, they’ve been keeping their shareholders happy with a record high in total share buybacks.

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Nonetheless, O’Brien believes the GOP’s tax cut has delivered on one key goal of the party: To make rich people even richer.

“For some of them, you see, letting the rich keep more of their money is an absolute moral good,” O’Brien writes. “Heck, it might be the absolute moral good. That’s because they’re worried, as House Speaker Paul D. Ryan (R-Wis.) used to put it before he realized that this type of Ayn Rand-inspired rhetoric is politically toxic, that the ‘takers’ will soon outnumber the ‘makers’ and simply vote to give themselves other people’s money.”

Read the whole analysis here.

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Cop says Alexandria Ocasio-Cortez should be shot following Trump’s racist targeting of The Squad

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Following racist attacks on members of The Squad by President Donald Trump and his supporters, a police officer in Louisiana reportedly said that one of the congresswomen of color should be shot.

Trump has been lashing out at the four first-term congresswomen, who include Representatives Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Ayanna Pressley (D-MA), and Rashida Tlaib (D-MI).

"A Gretna police officer posted a comment on his Facebook page this past week calling U.S. Rep. Alexandria Ocasio-Cortez a 'vile idiot' who 'needs a round, and I don't mean the kind she used to serve,'" NOLA reported Saturday.

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Internet piles on ABC reporter for lavishing praise on Trump for allowing press to ask questions

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ABC News reporter Kyra Phillips on Saturday heaped praise on President Donald Trump for his treatment of the press.

Despite the White House no longer holding daily press briefings, Phillips praised the "access" she receives from the administration.

"No matter what your politics are, I have to say that I appreciate the access ?Trump? gives us on a regular basis and the ability to ask any question," she said.

She tagged Stephanie Grisham in her tweet, who is Trump's latest press secretary. She also tagged her husband, John Roberts, who does not work in the White House, but works for Fox News.

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The real problem wasn’t the racism — it was the Trump taking ‘the Lord’s name in vain’ twice: supporter

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President Donald Trump was widely condemned after supporters at a campaign rally in West Virginia turned his racist "go back" message into a "Send Her Back" chant against one of a woman of color in Congress.

One Trump supporter in West Virginia also criticized the speech, but not for the racist targeting of Rep. Ilhan Omar.

State Senator Paul Hardesty, a Democrat, wrote to the White House to complain about Trump's use of the word "goddamn."

The letter was republished by the Montgomery-Herald.

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