On the contrary, it’s an amazing cut for the people who matter. It won’t cut much from bureaucrats and administrators who pull in $600k/year to sit on a diversity board, but successful small business owners (who actually contribute to the economy) will see a top rate reduction from 40% down to 25%. That’s substantial.
As the sole proprietor of a successful small business I’m very excited. Not that I believe the cut will actually pass (given recent history), but it’s definitely not a pathetic cut.
Bingo - these are huge business tax cuts. This will cause increased investment (jobs) and prevent inversions (jobs)