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TopicCongress passes $1.5 trillion tax cut bill and passes it along to Trump.
mastermix3000
12/20/17 2:54:11 PM
#13:


RoboXgp89 posted...
corporations are the last thing that needs tax cuts


Meh,

In theory it SHOULD make sense and everyone better off (Hey, my new job pays less taxes so they hired more people) ---> That is a perfect world

What is most likely going to happen: Nothing to the average Joe, and Corporations get more money in their pockets. People in support of this (If you aren't making enough to get the GOOD breaks I don't see why you'd support this unless you plan on getting a huge payout to place you in the effective 1%) try and say that "rich people will spend more and it'll benefit America as a whole"

This needs to be stressed though, as it is game changing for the country:

RCtheWSBC posted...
the corporate tax rate reductions were made permanent while the individual tax rate reductions will phase out after some years.


Those years being, after 2025 we (individuals) don't see these reductions anymore. Fun stuff right?

YahooPoster posted...
Anyways, Dems will be in control by the time the negative effects start to happen. Then the GOP will blame them. Both parties didn't like this bill. A wave of blue will come from it. Democrats just need to keep reminding the people that the GOP did this.


QFT. I don't take sides in this bipartisanship but this will totally happen. Just waiting for our inevitable Republican recession
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