The tax cuts are not "for the wealthy", that is Media Matters / DNC lying propaganda. Proportionately, the wealthy get a smaller tax break than middle class income earners. Many in the GOP have pressured Trump to give a more proportionate tax break to the wealthy as is being given to the middle class, to be fair and equal in the tax break. While the wealthy earn more, and even with the lower tax break to the wealthy, they will earn more, yes. But it is not preferential for the rich, as you and your party lyingly allege.
While it is true that, not figuring the inevitable growth resulting from a tax cut, the tax cuts will initially cause an increase in the debt of an estimated 1.4 trillion, within 2 or 3 years the economic growth resulting will more than pay for that. The economy in Trump's first year has already grown by 3.4%, which again, is far higher than Obama's 1.8% annual growth over Obama's entire 8 years.
For Trump's tax cuts to bring growth, the economy only has to grow 0.4% annually to pay for itself. And far beyond that, is expected to grow 3 or 4% a year, and again, has already grown 3.4% tis year alone (probably 4% already, if not for the economic loss of 5 devastating hurricanes that hit the U.S.). And that's WITHOUT the tax cuts!
I fail to see that you've made any case whatsoever for what Obama "has done from year to year", as if it was some great achievement. In fact, Obama's was the worst and smallest recorded economic recovery after any recession ON RECORD. Period.
And most importantly, you bemoan deficit spending as if it were Armageddon under Trump, but the tax cuts take away $1.4 trillion (AGAIN: which more than pays for itself in economic growth), whereas Obama's 8 years added $10 trillion in debt to the U.S., more debt than all other presidents combined. Funny how you selectively omit that crucial fact, and demonstrate very selective and partisan outrage over a president's policy creating debt!
