When Sherrod Brown stood on the Senate floor to proclaim that the Tax Cuts and Jobs Act was not a middle-class tax cut and that employers would not use their savings to create more jobs and invest in their employees, he made the wrong bet.
“When Sherrod Brown, Richard Cordray or any other Democrat candidate says that tax cuts are not working for Ohioans, they are lying,” ORP spokesman Blaine Kelly said. “Since the tax cuts were passed, Ohio’s jobless rate has fallen to a 17-year low, workers are seeing more money in their paychecks and Ohio companies are passing savings on to employees.”
On the 6th month anniversary of President Trump’s signing the Tax Cuts and Jobs Act into law:
- 1,000,000 jobs have been created since January
- More than 600 businesses are passing on savings to employees
- 90% of workers have higher take-home pay
- Consumer confidence is at an 18-year high
- Unemployment is at an 18-year low
- Ohio’s jobless rate hit a 17-year low
- Claims for unemployment benefits are at the lowest level since 1969
- For the first time in 20 years, there are more job openings than workers looking for jobs.
- 95.1% of manufacturers have a “positive outlook for their company,” the highest level ever recorded
- The Tax Policy Center Found that in 2018, Taxes will decline on average across all income groups
Even Ohio Democratic Party employees are benefiting from the Tax Cuts and Jobs Act: