There are people living in states that have NO state income taxes, but where property taxes are3 high, who ARE going to get badly hurt by this!
Then there are some states, with low state income taxes, but where the sales and other taxes are EXORBITANT!
A TAX CUT Bill should be a Bill that gives tax CUTS to EVERYONE ( something this one does NOT do! ); otherwise it is NOT a tax CUT Bill!
And don't bet the farm, that you won't wind up somehow getting a tax HIKE in the final Bill; you'd lose!
I still can’t believe we’ve got people arguing on the merits of it’s a ok to take away deductions while the progressive tax is still in place!
ITS MY MONEY NOT THE DAMNED GOVERNMENT!!! Jesus H!
This is akin to the Government telling me one for you two for me three for you four for me.
Actually, everybody gets a tax hike after 10 years, due to the temporary nature of the individual cuts. I think budgeting rules caused that one.