Friday, August 9, 2019

On the Fact that Trump's Tax-Cuts Were Exceedingly Modest ($1.47 Trillion for Ten Years) with the Highest Rate Being Reduced from 39.6% to 37% and with Some Folks In the Top 1% Actually Paying a Higher Rate Under the Plan (Those Making Between $400,000 and $425,000 a Year Going from 33% to 35%) - https://taxfoundation.org/final-tax-cuts-and-jobs-act-details-analysis/

I like the plan (anything that allows people to keep more of their own money is fine by me) but unfortunately Mr. Trump and his Republican colleagues on Capitol Hill weren't nearly as serious about cutting spending and the deficit has mushroomed. Hopefully they can get a hold of this problem but being that I have zero faith in either one of these criminal enterprises (i.e., political parties), confident I am not.   

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