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wt1531

(424 posts)
Fri Dec 15, 2017, 03:45 PM Dec 2017

The Republican tax cut is temporary for middle/lower class people--permanent for corporations

The elephant in the room is that this tax scam will give tax cuts to almost everybody now, but while everyone is so giddy about that, it will end most of the tax cuts for middle/lower income people by 2019 and they will get a giant tax increase if a Congress doesn't keep extending it. It is sad that Republicans found it to be so important to make the tax cut for the rich and corporations permanent, but middle class and lower class people will have to petition Congress every few years to get a lower tax rate.

What a scam.

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