No they won’t. Just the opposite will occur. The GOP will lose the House in 2018. The Republicans have taken care of their donors and corporations - and have screwed the middle class. 80% of these tax cut benefits go to corporations. We are going to be footing the bill for Facebook, Apple, and Google.
Corporate tax should be zero. Having owned a C-corp and paid the lowest rate, between federal and state corporate tax I had no money to reinvest. Sure, I could pay myself and write that off. But that didn't help my business.
I’m not sure what the Republicans in D.C. are thinking with this. It’s like us supplying Ammunition to our Enemies that they will used to destroy us in the Midterms.
Put an Income cap for the SALT Deductions so only the Evil Rich will lose them. Tie them to the top Tax Brackets so all those CA Dot Com Millionaires and Billionaires won’t be able to use the Deduction.
How can the Democrats disagree with that? They hate the Evil Rich.
The downside of course is all those Rich Liberals will leave the High Tax States in Droves and they will pollute the rest if the Country.