Talk of The Villages Florida - View Single Post - GOP tax bill would be broadest tax code rewrite in 30 years
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Old 11-03-2017, 09:57 AM
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Default GOP tax bill would be broadest tax code rewrite in 30 years

GOP tax bill would be broadest tax code rewrite in 30 years | PBS NewsHour

REPUBLICANS BEFORE ELECTION: DEFICIT, DEFICIT, DEFICIT

REPUBLICANS AFTER ELECTION: Who cares about the deficit? The new tax plan will eventually pay for itself, even though there is a projected $1.2 Trillion additional deficit over the next 10 years. The mortgage interest deduction, the state income tax deduction, and the medical expense deductions, interest on student loans and other eliminations for the poor and working citizens of America, will help pay for the decrease in corporate taxes, and the decrease in taxes paid by the RICH.

So what exactly does it do for the average taxpayer? It makes them pay MORE taxes