This is what Republicans claim for their tax bill:
- Lowers tax rate for all Americans.
- Doubles the child tax credit.
- Delivers greater simplicity and fairness.
- Helps grow paychecks.
- Protects American workers and stops jobs moving overseas.
- Keeps tax benefits Americans count on.
- Encourages and rewards charitable giving.
- Helps small businesses get ahead.
- Creates more job opportunities.
- Nearly doubles the standard deduction.
These points are simplistic, some patently false, others dubious or misleading. What isn’t said speaks volumes.
https://waysandmeans.house.gov/counting-new-year-new-tax-code/