Tax increases are the wrong medicine for our struggling economy

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America’s econ­o­my was in high gear pri­or to the pan­dem­ic. Our country’s gross domes­tic prod­uct grew 4.1% in 2019 after increas­ing 5.4% in 2018. Unem­ploy­ment reached a 50-year low of 3.5%, and 6 mil­lion new jobs cre­at­ed his­tor­i­cal­ly low unem­ploy­ment lev­els across all demo­graph­ic groups. Busi­ness opti­mism was at record highs, and work­ers saw their wages increase by their high­est lev­els in 10 years.
These impres­sive num­bers were no acci­dent. The 2017 Tax Cuts and Jobs Act cre­at­ed pros­per­i­ty and opportunity …

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