Colorado resident Isadora Bielsky was recently brought to tears when she learned that, rather than getting a refund, she owed $8,000 in taxes this year, thanks to the GOP tax scam.
But while Republicans punish folks like Bielsky, federal data shows U.S. banks ended 2018 with $28.8 billion in extra profit because of the same Republican tax bill.
Banks saw their profits soar by more than $70 billion over 2017 levels, but the $28.8 billion was solely because of goodies and kickbacks Republicans inserted into the tax bill, which passed Congress in late 2017 without a single vote from a Democrat.
View the complete February 23 article by Dan Desai Martin on the National Memo website here.