The Tax Bill is a Trillion-Dollar Blunder -- Bloomberg

Discussion in 'Politics' started by piezoe, Dec 15, 2017.

  1. UsualName

    UsualName

    The problem with the tax plan the republicans put out is the average family the keep touting will only see something like an extra $12 per paycheck because the majority of this tax bill working people will feel is the child tax credit, which was watered down.

    People won’t even be able to fill up their gas tanks all the while knowing big corporations and the uber wealthy are laughing to the bank.

    The biggest hit working people are going to take comes from the change the chained CPI in this bill. It will slowly push lower incomes into higher brackets while the top rate stays the same which will expand the wealth gap.
     
    #41     Dec 17, 2017
    piezoe and exGOPer like this.
  2. Cuddles

    Cuddles

    We're targeting complete states which voted the other way. Why not?
     
    #42     Dec 17, 2017
  3. Did anyone see Bloomberg's article on the 9 trillion-dollar Obama blunder?

    I figured...
     
    #43     Dec 17, 2017
    gwb-trading likes this.
  4. Tom B

    Tom B

    That is false. Almost every state has income taxes. The legislation eliminates deductions on state taxes.
     
    #44     Dec 17, 2017