Richard Wolff says how many people were very disappointed when they got the tax cuts that the Republicans promised as many received hardly anything, and others received nothing at all, as the lion share of the tax cuts went to the very wealthy and the corporations.But what really got to Richard Wolff was the spin Fox and Friends put on the disappointing tax cuts trying to make it look better to their viewers. They also said that Mississippi and New Jersey were model states because they had the lowest taxes, but Richard Wolff says that they are also the poorest states and are hardly models for other states to emulate. Also, he adds, the richer, high tax states subsidize the poorer states which Fox and Friends fail to mention. So, those states that are exemplars of capitalism, conservative
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But what really got to Richard Wolff was the spin Fox and Friends put on the disappointing tax cuts trying to make it look better to their viewers. They also said that Mississippi and New Jersey were model states because they had the lowest taxes, but Richard Wolff says that they are also the poorest states and are hardly models for other states to emulate. Also, he adds, the richer, high tax states subsidize the poorer states which Fox and Friends fail to mention. So, those states that are exemplars of capitalism, conservative values, rugged individualism, and low taxes, have to rely on subsidies.
Link to the Fox & Friends video I am responding to: https://youtu.be/F-4Ud7mzZzo