Seth wrote:
Rich©.
Fractional cuts, $10k cap on city/state tax write-offs on federal returns. How many middle class people do you know have local taxes anywhere near that much?
At the same time, the standard deduction is doubled. That's strictly a middle class concern.
So how can you folks continue perpetuating a lie that you KNOW is a lie?
Darn it Seth, I am trying to stay off the posting bit.. and you go toss this out..
Corp cuts.. being used mostly for stock buy back, drives stock up for no other reason. Management and others sell at raised prices and stock options, they make a ton of money for them selves.
less then 6% of tax gift is going to wages, jobs or building capacity.. that is all the same as the other times trickle down has cost America part of its future.. same old, same old..
cap on local and state tax??? I would say a large number of the middle class deal with that level of tax and are losing the write off.. and do not forget, local tax was not the only thing the middle class lost..
Medical, education and all property tax was capped or lost outright..
Standard deduction doubled.. In many cases that has been a lose from the very first year.. and remember, the middle class cuts are temporary, while the rich and corps cuts are permanent..
any reason why the rich tax cuts could not be temporary?? or some part of them?? Hell NO.... What will the middle class have left when the cuts are removed??
By cutting the income needed to run our nation, and no recourse, only the working and middle class will end up paying the unpayabel national debt. pushed up an other trillion dollars in less the 2 years..
In the orange ding bats very first spending bill.. He and his are an atrocity... damaging America beyond repair..