Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St...
by jbooth on Tuesday December 05, 2017 @04:17PM
(#15856083)
Specifically, what will happen is Democrats will have to clean up the mess, and the GOP and their cheerleaders will call the fix 'job killing tax hikes'.
But that's later! Right now it's a red herring to call the mess a mess.
Re:Among the Tax Bill’s Biggest Losers: High-Income, Blue St...
by harryh on Tuesday December 05, 2017 @08:25PM
(#15857773)
> When they come up for renewal the GOP will whine and moan
They didn't do this in 2013 when some of the Bush tax cuts expired. There is little reason to think that they will do so in this case.
This tax law has specifically baked in expirations of some portions. When they come up for renewal the GOP will whine and moan about the unbalanced expenditures and they'll either lapse or be supplemented with additional cuts, the corporate side of these cuts is not subjected to this.
It's fine to say "Oh, things may change down the road" but today they designed a tax cut that will benefit the rich, I do hope we're saved from this ridiculous hand out down the line, but that will be by the actions of other people, these politicians have written the bill as they desire it.