Yes the Stock Market is setting records which also means corporations are seeing huge profits. Where are the rank and file wage increases? In the pockets of CEOs, thats where. If you think allowing them to profit more through tax cuts is going to help middle class workers wages, you need to do a lot more research because you are wrong.
Corporations dont give 2 cents about its workers or this country. Corporations dont even have a country, they move here and yonder to position themselves where they can profit even more. So we just handed them a freeby.
Trickle down has been proven to fail. Remember Reagan did this too and a few short years after seeing the results he had to raise those taxes back up to undo the F-up he created.
What I remember was that Reagan's tax cuts were to also supposed to have Congress reducing spending. In fact, if I remember right, Congress critters at the time promised such, but no cuts in spending happened. If I remember right, Dems were in charge of Congress at the time, and the liberal leaders of the Democratic Party still lie like a dog.