In the long run it is a tax hike. Right now it depends where you’re at as to whether you win or lose. In my case as it stands I win a bit. What folks are missing is that once all the deductions are gone, they’re gone. It makes it very easy to incrementally increase taxes at a later time. Which is exactly what will happen once the gop’s “friends across the aisle” take power at a later date.
Politics is a scam and we’re suckers for playing.
And what some here don't realize, is that tax brackets are now "fluid" and in flux. Some have now been dumpy into HIGHER tax brackets than they are in now...and it's NOT just at the high end either!
And want another "sticking point"?
The BIG "talking point" that everyone will do better and better and earn more, will move them up bracketwise...IF this lie is even vaguely true.
This crap sandwich is TOXIC and growing worse by the day.