And the notion that helping corporations helps all segments of the population equally is just as ludicrous.
The job of the government is not to make everything equal, that socialism. The government's job is to keep everything fair.
My parents taught me the haves should help the have-nots. This bill does the opposite.
You keep claiming the middle class is getting a big tax cut. What is big in your mind then we will figure out how much corporations are getting.
That's a very noble thing for you to do, however that is not the governments job, that's why we have charity. When people keep more of their money, they give more charity.
Of course, they could have accomplished the same thing by doing it the opposite way, making the tax cuts for the middle class permanent and those for corporations temporary
If the democrats have the house when the tax cuts expire, they'd love to see the corporate tax cuts go away, that's why we need them to remain permanent. As far as the income tax cuts, they'd never want to be seen as raising taxes on the poor and middle class (Which is what it would be) so they'll extend the cuts.
The Senate parliamentarian has rejected the provision expanding the use of 529 savings accounts for K-12 expenses; though I do agree that this was an overlooked benefit for the yeshiva paying community
Fwiu it's only being removed for homeschooling
Everyone pays SOME taxes. We are taxed so many different ways they don't have to worry about that.
Who do you think needs the tax cuts more, middle class or upper class. Leave politics out of it.
It's not about who can use the money more, that's welfare. It's that people deserve to keep more of their hard earned money so they can decide what to do with it - not the government.
During the campaign Trump promised 4 tax cuts. One for the middle class, one for corporations, to eliminate AMT, to eliminate the estate tax. All are in this bill.
The estate tax is mostly remaining. If it were up to me, I would get rid of the estate tax, and get rid of the steped up basis on inheritances.
That's not why they did it!!!
Of course it is! It's common sense. Your agenda won't allow you to use common sense.