Democrats are still touting the tax cuts favor the top 1 percent, but Trump, Pence and supporters call it “across the board” tax cuts.
Hamilton County Democratic Party co-chair Connie Pillich said “it’s rather disgusting” Pence came to Cincinnati touting the tax cuts.
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“All they care about is making the rich richer,” she said. “Meanwhile, the rest of us are trying to make ends meet — hoping to find a way to plan for a very uncertain and potentially unsecure future.”
But Pence said the tax cuts have benefit more than 6 million Americans through bonuses and pay raises.
“Thanks to our tax cuts, in the years ahead, we think the average wages of working families in this region is going to rise by more than $4,000 a year. That’s real money,” he said.
Pence also said there have been nearly 4 million new jobs created since Trump’s inauguration in January 2017, the lowest unemployment “ever recorded for Hispanics and African Americans, and “16,000 new jobs across the Cincinnati metro area alone.”
A panel discussion happened before Pence’s speech featured Republican Congressmen Steve Chabot, Brad Wenstrup and Jim Renacci, and U.S. Sen. Rob Portman, who talked about why the tax cuts were needed, and what’s happened since they were enacted.
“We needed it badly,” said Portman, who said during the Obama administration there was flat economic growth, flat wages “and people couldn’t get ahead.”
Then when Trump was elected and the Senate and House remained in Republican control, Portman said the realization was “we’re actually going to fix this thing … “and this thing is working.”
Renacci, of Wadsworth, who is running against U.S. Sen. Sherrod Brown, D-Cleveland, said December-passed tax cuts are helping Ohio businesses now.
“Right now as I travel across the state of Ohio, businesses are reinvesting back into their businesses,” Renacci said. “It’s one of the reasons we have a 4.1 percent growth right now.”