Gastonia, NC Correspondent — We can stop arguing about how it should be written. It was signed this morning, and the answer is both. The core is permanent. The rates and brackets don't expire, and full expensing was made permanent. Those are real and they're what a lender models. Everything the campaign was actually about … Continue reading The tax and reconciliation bill was signed today. Did Congress write a durable code, or a stack of expiring provisions that will be relitigated in 2027?
taxes
The Republican tax bill passed and was signed into law by President Trump, which means the US debt may grow by another 1.5 trillion dollars. Can we avoid having this skyrocketing debt load cripple our economy? If so, how?
Gastonia, NC Correspondent-The current Republican tax bill is the biggest batch of big-business sops, sham “benefits” for the middle class that will end up costing them and social engineering camouflaged as financial policy ever put forth. The GOP is trying to foster its spurious “business-first” agenda by giving gigantic tax breaks to corporations and the … Continue reading The Republican tax bill passed and was signed into law by President Trump, which means the US debt may grow by another 1.5 trillion dollars. Can we avoid having this skyrocketing debt load cripple our economy? If so, how?
Would Eliminating Taxes be Disastrous for Society?
Prescott Valley, AZ Correspondent-Eliminating taxes will likely not happen as there will be tax shifts to make up for any termination of state or federal income taxes. If taxes are done away with, there will always be replacements through other sources of revenue. If alternative sources were to be eliminated, there likely would be negative … Continue reading Would Eliminating Taxes be Disastrous for Society?
