With 80% of the benefit going to corporate rate reductions, and another 9% going to those over $250k/yr it’s an easy argument to make.
And one that will resonate more broadly than most here suspect in 2018.
Whatever the reality, it will have severe political consequences.
“With 80% of the benefit going to corporate rate reductions, and another 9% going to those over $250k/yr it’s an easy argument to make. And one that will resonate more broadly than most here suspect in 2018. Whatever the reality, it will have severe political consequences.”
i absolutely agree, and it isn’t going to go well for repubs and Trump in 2018 and 2020, when most deplorables who voted for Trump find their tax bills increasing significantly. because of all the permanent tax rate cuts for corporations and the the wealthy, someone is going to have to pick up that loss of revenue, and it is the middle class in America, just as was planned for obamacare, where the young and healthy were hit with high premiums or paying a fine, in order to make health insurance premiums cheaper for the old, infirm, and sick. insurance costs used to be based on risk but obamacare turned that on its head.