If it was about simplification with no cuts I woild be all
for it. Except I would prefer eliminating deductions and lowering rates in a way that was revenue neutral per tax bracket. Somebody taking a lot of deductions would see an increase, somebody not taking many would see a decrease. Revenue from each tax bracket should remain the same. This clusterin front of us is pretty much revenue neutral for middle to upper middle incomes but is a $150B per year cut for upper incomes. It deletes the estate tax completely etc etc etc. It's increases the deficit so Donald, Mnuchin, etc get big tax cuts. They sell it as it will stimulate the economy enough to be revenue neutral. Bull fucking shit it will!
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In response to this post by JohnHoo2)
Posted: 11/29/2017 at 12:20PM