SneekyNinja
Well-Known Member
Didn't it legalize companies paying tax in the country of business and allowing them to repatriate those profits tax free?many families that make more than $100,000 itemize.
child credit doubles to $2000, but begins to phase out when family AGI exceeds $110,000, or $75,000 for single peeps.
this tax bill is a burden to the middle class. it helps corporations and super wealthy and lower income now... and in a few years will hurt the low income and continue to help corporations and the super wealthy.
But most importantly, all that tax goodness you think you're getting, will be offset by sharp increases in family health insurance payouts. so ultimately it will be a net loss for most families.
The point of this tax bill was to stimulate corporations to bring their money back to the US, repeal Obamacare, and line the pockets of the super wealthy... because trickle down is a rock solid economic plan and has worked literally none times in the past. Literally none times. Not a once.
That encourages companies to go abroad, not to stay here.
#lie-no: 891,421