No it wouldn’t starve the beast. They’re raising the tax take on upper income individuals by getting rid of Marie deductions and personal exemptions. This, in order to “pay for” business tax cuts. Instead of paying for them with spending cuts
Where exactly are they raising the taxes on upper income individuals? The rates all come down and the lower rates apply to wider brackets.
not this year, or next but in a few yrs when the reality of taking away deductions that have been with us for DECADES starts to hit home...
Property taxes do not go down...they go up..as do other state taxes...and all of that tax will be taxed as well....
we're idiots if we can't see what they're doing...
but got to protect their beloved elite class of Wall streeters...