Oh Please. This is NOT a tax increase on the middle class. The additional $650 child tax credit is equivalent to a $5400 dollar exemption.
The real change is in the tax brackets, fewer, and much larger, so more of your taxable income is taxed at 12%.
Take the time to read through the small business changes. If I ran a small business I would be cheering the changes.
And the estate tax is finally on its death bed. Farmers, small businesses will finally be able to pass on their property to the next generation without enriching some lawyer.
I agree fully with cutting spending, but you need tell the truth about who will be paying more in taxes to make your message credible.
You completely gloss over the MINUSCULE tax cuts for people who take the standard deduction, and the TAX INCREASE ON TAXPAYERS.
I fully support the corporate tax reduction to 20%.
It will cost the scumbags in DC about 250 billion in corporate tax receipts.
Out of a 3.5 TRILLION revenue stream.
There is an ulterior motive here, and it makes the SKULDUGGERY of GRUBER and the DEMOCOMUNISTS pale in comparison.
Business on parade , buy or die.
The increase in CTC does not offset the elimination of the dependent exemption in the 25% bracket.
When you are talking about eliminating the dependent exemption for children older than 17 - it is especially harmful. (details on who qualifies still seem to be in flux re: which children qualify)
This appears to be a crap sandwich for my large family.
Too many kids - wrong tax bracket