The SALT (hmm remember a different SALT in the day), will get figured out, as they will have to solve that in Committee.
Then, the overall package will consist of large tax cuts for middle America, equalizing corporate tax cuts (yes the US corporate rates are some of the highest in the world) and a small but meaningful reform of the system, which will hopefully in time lead to much larger reform.
By the way, the angst against corporate tax cuts is very disappointing to see on a conservative website like this for 2 big reasons.
1. The Reagan/Kemp wealth creation and growth conservatism seems all but dead.
2. Liberal media and DNC envy and class propaganda seems to have bled into conservative thought.
I think you know the real answer. People are pro-economic growth.
But this tax bill is a gift to corporations at the expense of the middle class.
Moreover, while I pro-business growth, it is high time we realize that corporate behavior as of late is not to "re-invest" first. No, it is buy their own stock.
During an event for the Wall Street Journal's CEO Council, an editor at The Wall Street Journal asked the room: "If the tax reform bill goes through, do you plan to increase investment your company's investment, capital investment?" He asked for a show of hands. Alas, as the camera revealed, virtually nobody raised their hand. Responding to this "unexpected" lack of enthusiasm to invest in growth, Cohn had one question: "Why aren't the other hands up?"
Because they are going to use that extra cash to drive up their own stock prices.
This isn't the 1980s.
Altruistic Capitalism isn't the vanguard against the Soviet menace anymore.
bait and switch...and why so many are falling for it is beyond me...
but we gots to help out the rich and the wall streeters....