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re: Latest on BAT & Tax Cut (Reform)
Posted on 2/18/17 at 7:36 am to Hugo Stiglitz
Posted on 2/18/17 at 7:36 am to Hugo Stiglitz
It doesn't sum it up. There are a lot of details missing. That's mostly the point of my post. Hillary's plan would have saved the median income earner about $110, and shaved about 1/4 a point of off GDP. Trump's plan adds to the deficit, but it depends on whether static projections are used as to the amount. There is quite a lot more to this than the three links I posted. I posted them becuase the first article say BAT is gone, and the other two articles don't mention standard deduction or pass through, and these are significant changes if the articles are to be believed.
Posted on 2/18/17 at 10:39 am to Iowa Golfer
quote:
I posted them becuase the first article say BAT is gone, and the other two articles don't mention standard deduction or pass through, and these are significant changes if the articles are to be believed.
I wouldn't go off that. Seems like they are trying to fill in the gaps on details between the two camps. Still a moving target as you say. Trump could turn around tomorrow and say he's for the BAT for example.
Eta: also, I am surprised we haven't heard more about interest rate deductibility going away potentially. That would be huge.
This post was edited on 2/18/17 at 10:48 am
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