Posted on 10/31/2018 1:39:02 PM PDT by davikkm
For those out there still thinking of voting Democrat on Tuesday, let me remind you what Republicans have in store for next year: Tax Cuts 2.0.
A month ago, the GOP-controlled House of Representatives passed the second phase of the tax cuts following the December 2017-passed Tax Cuts and Jobs Act. The main piece of the three-bill package is a measure that would extend and make permanent the individual tax cuts implemented almost a year ago. Under current law, the individual cuts are set to expire after 2025. Though these significant tax cuts would balloon the deficit even more, it would continue to put more money into the pockets of hard working Americans. I used to care about the debt and the deficit. But no one else seems to care, so I have given up trying to sound the alarm.
(Excerpt) Read more at investmentwatchblog.com ...
You could raise everyone’s taxes to 200% and it would not put a dent in the deficit.
Until Congress cracks down on themselves and all of the pork and wasteful crap, it won’t make a difference.
Well, I don’t think there are quite enough things named after Robert C. Byrd in WV yet.
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