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A comment on The GOP Tax Plan Will Destroy Graduate Education. Parent comment

Re:The GOP Tax Plan Will Destroy Graduate Education by awinder on Tuesday November 07, 2017 @04:33PM (#15647860)
The reason is to balance rate decreases at the top percentile, to decrease the corporate tax rate, and to finance lost revenues from dropping the estate tax. The rest of the reasons people state are needlessly obtuse or purposefully deceptive.

There’s one mathematical reason, it’s because this bill can not increase deficit past a certain amount, and so to balance giveaways to the rich we must demand more of every other income quintile.

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Re:The GOP Tax Plan Will Destroy Graduate Education by hcknwscommenter on Tuesday November 07, 2017 @05:07PM (#15648113)
Bingo. I think you hit the nail on the head here. To offset the decrease in revenues expected from the upper quintiles (and the corporate tax), they need to raise revenues elsewhere. This is not a change that can be addressed by a simple accounting trick.
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Re:The GOP Tax Plan Will Destroy Graduate Education by harryh on Tuesday November 07, 2017 @06:42PM (#15648812)
Getting rid of deductions of these types is also almost universally favored by economists.
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