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re: The corporate tax cuts will be permanent while the individual tax cuts temporary
Posted on 12/19/17 at 2:46 pm to FooManChoo
Posted on 12/19/17 at 2:46 pm to FooManChoo
quote:
Temporary tax cut is better than a permanent tax increase.
Bad news. This bill is a permanent tax increase.
When the middle class tax cuts expire, the tax increases that are wedged in to limit the damage to the deficit won't, and at that point your taxes will be higher, permanently.
This bill is going to cause insurance premiums to go up. It's going to cause the fed to have to raise interest rates more than they would otherwise essentially wiping out any modest growth that it otherwise might create. It's going to cause you to pay more in taxes in the long run unless you're an old fart planning to retire in 10 years. So much winning!
Posted on 12/19/17 at 5:20 pm to TigersInParis
quote:
old fart planning to retire in 10 years
12 years to be exact, counting the days.
Posted on 12/19/17 at 5:23 pm to TigersInParis
quote:
wiping out any modest growth that it otherwise might create
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