Trump promised workers that every worker in America would get a $4000 raise from the corporate tax cuts, too, and we all saw how that worked out for American workers.
No
trump did not make that promise
Really:
The $4000 is not only from a cut of the corporate tax rate but also lower taxes for the workers too
and a stronger economy for all
and it was doing good until china attacked us with the wuhan virus
My apologies. It was $4000 per household. But for 40% of American workers, none of those promises have been kept. They're reporting that they're worse off than before, and the financial studies confirm that working people continue to lose ground. The gap between rich and poor is widening under Trump, and its widening at a much faster rate under Trump than under Obama.
It realy does no good to buy into the conspiracy theory that China "attacked us" with this virus. Not only is this highly likely to be proven to be a false narrative, it serves absolutely no useful purpose, other than promote the interests of Russian propagandists who are really pushing this theory very hard, to further disrupt the American economy during this crisis.
Given the manner in which corporate America has abused these past taxpayer funded bailouts, I have little faith that American corporations wil do jack shit for their workers having done nothing but screw them over for the past 40 years. They will find ways to get the money and keep it for themselves - like McDonalds making sure to get their franchise fees, while their minimum wage workers starve.
Many families are such low income that they were paying very little taxes to begin with
so yes, not every family saw their disposable income rise $4000
And those are EXACTLY the families who could have most used that $4000. Even worse, those are the families who are suffering most in this pandemic. They're the ones who are least likely to have health insurance, and the most likely to have more than one job, thereby increasing their risk of exposure, and the most likely to have an underlying condition, increasing their risk of death. Those tracking the virus say that you can track the virus by income and by zip code. The poorest areas have the highest rate of both infection and death.
I like the approach of giving money to the workers for now to keep them going, and focus on mitigation until both the rate of infection and the rate of death are both on a downward curve. And then look at what business needs, focusing on small businesses, not mega corporations.
My son-in-law's small business can survive for a couple of months with no income. He already hustling emergency repairs and he has face shields, masks and three kinds of gloves for his crew. But he's only been in business for 4 years, so he doesn't have a big cash cushion to work with. Being able to bring his crew in for a roof replacement will give him money to keep going, and knowing that his workers can receive $500 on weeks he's doesn't have work for them, is a huge assist for now.
Our unemployment insuranc program encourages workers to take temporary work when available. Workers use this to "test drive jobs". If you're on unemployment, you can take a temporary job which could lead to perm, and if you don't like it or they don't like you, only lose your benefits for the time you worked. If I received a full week's wage for work last week, I can receive a full week's EI next week if I don't work at all.
Trudeau has promised financial assistance to companies who keep employees on their payrolls, but I haven't seen any details of that published yet, and I don't think they're finalized. The opposition leader didn't like the program as proposed. My neighbour works for a larger corporation with 3 or 4 locations throughout the Escarpment. His company is still paying him for a 40 hour week, even though he's only working 1/2 days, two or three days a week. If my son in law did that, he'd be out of cash in three weeks.