Congress passes sweeping tax overhaul

Posted by mercurialshark on Wednesday December 20, 2017 @01:13PM
from the washingtonpost.com dept.

https://www.washingtonpost.com/business/economy/gop-tax-bill-passes-congress-as-trump-prepares-to-sign-it-into-law/2017/12/20/0ba2fd98-e597-11e7-9ec2-518810e7d44d_story.html

( 3 comments | 20 points | on HN )

Re:Congress passes sweeping tax overhaul by a2tech on Wednesday December 20, 2017 @01:57PM (#15972597)

Enjoy the brief decrease in taxes poor folk! In a few years they're going to skyrocket and you'll be left with even less.

[ Parent | on HN ]

Re:Congress passes sweeping tax overhaul by votepaunchy on Wednesday December 20, 2017 @02:04PM (#15972659)

In a few (three?) years Democrats will be in power and will push through their own tax reform.

[ Parent | on HN ]

[dead]

Re:Congress passes sweeping tax overhaul by bcruddy on Wednesday December 20, 2017 @02:07PM (#15972693)

The argument is "corporations need certainty" for planning for the future. If tax cuts can expire it creates a "will they or won't they" situation around whether or not they'll be extended.

[ Parent | on HN ]