Fox News host: “The vast majority of people who are going to be helped by the tax cuts are the wealthiest”

HAROLD FORD JR. (CO-HOST): Tax cuts — as much as the president and Republicans want to say this tax bill extending things are going to help middle-class Americans, the vast majority of people who are going to be helped by the tax cuts are the wealthiest, because there’s one other number. Over the last 12 years, the S&P has gone up almost 400%, and the only way to benefit from the stock market is if you have money invested in the stock market and you have to have a lot for that to benefit you.

So, I say to Democrats: you have to cut spending. I say to Republicans: stop kidding Americans that you’re not raising — that you’re not cutting taxes for the richest Americans. Why not raise taxes on those earning two and half million or more to pay for these things? So, we may differ a little bit, but one thing we agree on, the debt is not going to go down because of this and the people that are going to benefit the most are not middle-class, working-class Americans, it’s going to be some people around this table and people much richer than this.

GREG GUTFELD (CO-HOST): All right, Bernie Sanders.

Great Job Media Matters for America & the Team @ Media Matters for America Source link for sharing this story.

#FROUSA #HillCountryNews #NewBraunfels #ComalCounty #LocalVoices #IndependentMedia

Felicia Ray Owens
Felicia Ray Owenshttps://feliciarayowens.com

Felicia Ray Owens is a media founder, cultural strategist, and civic advocate who creates platforms where power meets lived truth. As the voice behind C4: Coffee. Cocktails. Culture. Conversation and the founder of FROUSA Media, she uses storytelling, public dialogue, and organizing to spotlight the issues that matter most—locally and nationally.

A longtime advocate for community wellness and political engagement, Felicia brings experience as a former Precinct Chair and former Chief Communications Officer of Indivisible Hill Country. Her work bridges culture, activism, and healing through curated spaces designed to inspire real change.

Learn more at FROUSA.org

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