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Opinion: America needs higher wages, not lower taxes




Politicians and pundits frequently talk about the lofty goal of boosting economic growth. Donald Trump, in a plan opposed by over half of Americans, according to a new CNN poll, has called for reducing the personal income tax brackets from seven to three, reducing the corporate tax rate, eliminating the estate tax, and doubling the standard deduction for married and single filers. Donald Trump's tax reform proposal -- like every time Republicans offer tax cuts as the proposed catalyst to fuel economic expansion -- should make us roll our eyes in disbelief.



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