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For example, the Urban-Brookings Tax Policy Center has estimated that people with incomes between $48,600 and $86,100 will, on average, receive a tax cut of $930 for 2018, which is around $35 per pay period if divided equally among 26 pay periods. The group said that people with income of below $25,000 will, on average, get a tax cut of only $60 over the course of the whole year.
For example, the Urban-Brookings Tax Policy Center has estimated that people with incomes between $48,600 and $86,100 will, on average, receive a tax cut of $930 for 2018, which is around $35 per pay period if divided equally among 26 pay periods. The group said that people with income of below $25,000 will, on average, get a tax cut of only $60 over the course of the whole year.
That was for the 1%ers, not Trump voters.
It was for the corporations. Some folks got bonuses as a result, I suppose. The tax cuts for ordinary folks end in a few years, but the tax cuts for corporations go on for eternity. I wonder if the bonuses will too.
Our insurance costs went up crazily after Obamacare too. It's nuts!
I thought that the GOP "fix" last fall would help with that, but nope, no luck. We just saw our health insurance go up yet again for 2018.
Thats because they arent fixing anything. Theyre just breaking stuff. This tax cut? Its resulting in massive deficits. Next year expect them to start talking about things like fixing that, or balancing the budget. And they will go after the social safety nets.
Thats because they arent fixing anything. Theyre just breaking stuff. This tax cut? Its resulting in massive deficits. Next year expect them to start talking about things like fixing that, or balancing the budget. And they will go after the social safety nets.
Sorry Grandma, you have to work more to pay for Trump's pals and Mar A Lago trips....
Marketing that tax cut as helping out the poor and middle class is bogus, that was cover for making it rain for corporations. At least it looks like people are realizing that now.
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That's BS. Same Basic Policy went up 250% and my deductible went up 300%.
That is Obama's failure of a legacy and cost Democrats over 1000 seats of Govt.
Yawn. yes yes, we know, healthcare bad. Fun fact-the vast majority of folks did not have their healthcare costs impacted much. Since 2010 when the ACA was enacted healthcare costs have risen by 4.3% per year. In the 50 years prior, only 1 year was lower then that.
Our insurance costs went up crazily after Obamacare too. It's nuts!
I thought that the GOP "fix" last fall would help with that, but nope, no luck. We just saw our health insurance go up yet again for 2018.
Unfortunately the GOP acted to de-stabilize the insurance markets. Let's call it 'the Rubio effect' for lack of a better term.
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