I should be able to be validly saying IBTZ to your comments.
Note to the economic ignorant. Who do you pass on your tax-costs to? No one (except maybe your kids). Who do companies pass on their tax-costs to? Eventually and in part, everyone and everywhere else their revenue could have been spent. Taxes to corporations are costs. Prices are set to cover 100% of costs, else there is no profit. Taxes in essence are passed on entirely in prices. They represent a cost against revenue that could not go to either building the business, buying supplies or paying workers, or anything else. What you pay for what you buy covers the taxes that companies pay, and that price you paid was affected by those taxes.
Somehow you have the misguided very Marxist notion that corporate savings from business tax cuts are all 100% going into the pockets of the company’s officers. It’s pure ignorance.
And this is one of the key issues. If the executives use the money to expand in the US and hire in the US, then Joe Sixpack will perceive it as, "Under Trump I got a good job back, unlike under Obama." If the executives (as I expect) just poss it away on frivolous M&A or buybacks to prop up share prices for executives' vested options, we just may see Bernie Sanders elected.
The two biggest things that need to be changed are the tax deductibility of corporate interest payments (companies use debt to fund expansion, rendering themselves vulnerable to corporate raiders or recession; if companies were forced to issue stock for expansion, we'd see executives planning for the long term rather than stuffing their own pockets)...and the second thing to be changed is the attitude/perception that there's this giant pot of cash that rich people are hoarding instead of sharing it. That's true in Silicon Valley; but most of this is due to the cult of the godlike CEO started by Jack Welch, and his insistence on profit by shagging US employees (where the F is my 'lifetime employability' you lying sack of flaming dung with your $2 million annual pension for life?)
I would dearly hope that my opinion regarding the the tax bill should in no way be misconstrued as showing disrespect to the site's owner. This is his place.
There are several good, solid conservatives in Congress who voted against the House bill, and I agree with them.
In the end, I hope we can come together. This issue is very divisive in many, many ways. It affects people directly.