In Nevada, Proof That Tax Cuts Work
By Assemblyman Jim Marchant
The Daily Signal
March 14, 2018
Confidence among small business owners is at a record high, according to a recent CNBC survey. The good humor is due, in part, to the half of them who expect positive change to come from the new tax law in 2018.
Positive change is already happening: Wells Fargo and U.S. Bancorp are two of many institutions raising their starting pay to $15 an hour.
I’m from Nevada, and Las Vegas’ own South Point Hotel, Casino, and Spa doubled its employee bonuses and canceled a scheduled increase in health insurance costs as a result of the tax cuts.
All told, Americans for Tax Reform reports that more than 4 million U.S. workers are receiving bonuses, wage increases, or better benefits thanks to the new tax law.
Americans need an alternative to the mainstream media. But this can't be done alone.
But if you exclusively listen to the overarching narrative from the political left, it seems tax cuts benefit only large corporations at the expense of the American middle class.
As for the rest of us? Any benefits we see are mere “crumbs,” according to House Minority Leader Nancy Pelosi, the 15th-wealthiest member of Congress.
I’ll give Democrats credit for getting half the story right: Businesses are benefiting from the new tax law, but not to the exclusion of working America.
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