I don’t like this tax bill, so I do hope it fails. Any tax bill that just shifts wealth from one group to another is just repackaged socialism. Real tax reform cuts spending...but American politicians seem unwilling to do so, for the obvious reason that it hurts their own bottom lines.
It doesn’t shift wealth. It reduces and widens the tax brackets and reduces the tax rate in each bracket. Also makes us more competitive in the world by reducing the business tax. Will create a Reaganesque economic boom.