Facts of the new GOP tax law....
I'll admit up front I'm not a tax expert. And also I'm aware that both sides of the news are hyping this in opposite ways to their advantage.
So with that said, I do indeed believe there are some nonpartisan sources out there. Congressional Budget Office is one and I'm not going to give a link to that because anyone can and they basically said it doesn't pay for itself. And then this one, Consumer Reports, which is similar to CBOs and adds the short term benefits to the middle class end up biting them years down the road.
So hey, look, I'm willing to agree this bill probably isn't all bad. But then again, I want the boosters to observe and admit to the following:
This benefits the rich more than it does anyone else, and also it was pushed through 100% partisan and not only over objections of opposition but without the opposition even invited to the table. When Obamacare got rammed through you were furious over the fact that it was, and yet at that time Republicans did indeed at least have a seat at the table, they just didn't win. What just happened with tax law is double the infraction you claim that Obamacare was.
So the next time you hear fake news, the Democrat Party, and the deceptive liars on this site tell you of how the tax plan only helps the Rich?
LAUGH IN THEIR FACE AND BAN THE DECEPTIVE LIARS.
There can be no honest debate with deceptive people because no matter the facts you give them, they deny it. BAN THEM!
The tax plan is based on a hope and a prayer.. If the economy significantly grows as a result, the tax cut pays for itself.. "IF" is the key word there.
I'm a businessman.. Taxes are an expense just like ANY of the hundreds of expenses that I incur every day.. Republicans think I'll HIRE people if my taxes go down.. But, I only hire people when DEMAND for my product goes up. Without more demand for my product, new hires are just gonna be sitting around.. When my expenses go down, I think I must be a very clever businessman..
But, I DON'T like people SITTING around..