Talk of The Villages Florida - View Single Post - The Tax Plan Explained
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Old 12-24-2017, 06:09 PM
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Ever since Reagan, the rich have gotten richer and the middle class poorer. The top 1% now control 40% of all the wealth in the United States. Contrary to rosy expectations, they will not be "bringing jobs" back to the USA, why should they? Corporations have been swollen with excess profits, and that didn't bring jobs home. Their factories are already established overseas, labor costs are much lower, and their customer base is there. China's GDP has been growing at 10% year over year, and 800 million people moved from poverty to middle class. China’s car market in 2016 closed with record-breaking sales of almost 23 million passenger vehicles versus 1.5 million US auto sales. The market, the workers, and the infrastructure are in Asia and likely to stay in Asia.