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Is this why musk supporting Trump?


human1234

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From forum:

Almost true. 

Usually republicans give small tax breaks to the poor and middle class so they can pass the big tax breaks for the rich and corporations. 

Now the Republican party has indoctrinated their base so fully, that they can pass corporate tax cuts without lowering taxes for regular people. 

Any tax breaks at this point leads to higher inflation which is felt most strongly by regular people. The rich will benefit directly from lower taxes, and will only hurt some indirectly from the related inflation. 

The rich have investments the increase with inflation so it's not usually a problem for them. Additionally, if the rich have fixed rate loans then inflation actually makes them money.

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