[Rome2000]

This is the GOP at its worse, screwing over MILLIONS of middle class taxpayers and calling it a tax cut.

Cut the corporate tax rate to 20%, but leave our deductions ALONE.

The 250-300 billion hit on revenue can be offset by spending cuts and increased receipts from accelerated corporate activity.

There is an ulterior motive for eliminating these deductions, the BANKSTERS want all W-2 employees to have maximum exposure, but keep THEIR own deductions.

Notice how the 15% investment tax isn’t being touched, but millions of middle class taxpayers writ families that actually PAY TAXES NOW are going to be hit with an increase and no way to mitigate their tax exposure.

[SkyPilot]

Cut the corporate tax rate to 20%, but leave our deductions ALONE. The 250-300 billion hit on revenue can be offset by spending cuts and increased receipts from accelerated corporate activity.

Correct. Even Senator Collins (in one of her few moments of clarity and thoughtfulness) has proposed just that. Instead of giving Facebook, Apple, and Google a tax cut from 35% to 20%, make it 35% to 25% and don't screw over millions of middle class families.

I am sure the corporations (who by the way get to keep their state, local, and property tax deductions in the bill) will survive.

Also, it has been a few posts, and no one has said that some states are "subsidizing" other states - because some in those states claim more in legitimate tax deductions.

Oh well, someone will say it soon.

Teacher says: every time a Freeper says "subsidize other states", Mnuchin's PR Firm earns its wings!