Tax cuts are another form of austerity. [View all]

[Yavin4]

Yes, billionaires and large corporations benefit the most from tax cuts, but the most pernicious effect is that they restrain the government from making badly needed new large scale public investments. And, they make maintaining existing public investments difficult, requiring borrowing money to maintain them.

Lack of public investments in healthcare, education, housing, and transportation is why so many Americans face economic anxiety every day.