"The big winners are the top 5% of taxpayers, with current incomes well over $300,000 per year." All you Patnetters winners?
" The estate tax and alternative minimum tax would also be eliminated—a boon to wealthy households." Still winning.
" They also argue that this additional growth will generate roughly enough additional tax revenue for the plan to pay for itself. That is, there would be large so-called supply-side effects from the tax cuts. So large that on a dynamic basis—after accounting for the bigger economy—the plan will not add to the nation’s deficits and debt." Ask Republicans in Kansas if they are winning from their party's idiocy.I'm sure they are enjoying the tax increase after their fubar.
invite response
All you Patnetters winners?
" The estate tax and alternative minimum tax would also be eliminated—a boon to wealthy households."
Still winning.
" They also argue that this additional growth will generate roughly enough additional tax revenue for the plan to pay for itself. That is, there would be large so-called supply-side effects from the tax cuts. So large that on a dynamic basis—after accounting for the bigger economy—the plan will not add to the nation’s deficits and debt."
Ask Republicans in Kansas if they are winning from their party's idiocy.I'm sure they are enjoying the tax increase after their fubar.
https://finance.yahoo.com/news/moodys-chief-economist-republican-tax-plan-set-fail-170334541.html