“By the time you finish with the cuts and the loophole endings, this bill isn’t a giant tax cut.”
Tax rate cuts for all income groups...
Doubling the standard deduction...these will end up amounting to the largest tax cut in history...
It’s not perfect but it is much better than the alternative Democrat plan which would seem more stagnant growth and likely higher rates.
Not to mention the six hundred dollar per child increase in the child tax credit, from one thousand to sixteen hundred per - that’s an added six hundred per child off of the total amount of taxes owed, not the deduction from income on which those taxes are figured represented by the old personal exemption which is going away - those making less than ninety thousand - the middle class - will benefit most.....
Not when you eliminate the personal exemptions...it's a virtual wash.
IMO, the tax cuts go to the Chamber of Commerce and K Street, paid for by Main Street.
BS PROPAGANDA!