Republicans summarize their tax bill

tax reform

This is what Republicans claim for their tax bill:

  1. Lowers tax rate for all Americans.
  2. Doubles the child tax credit.
  3. Delivers greater simplicity and fairness.
  4. Helps grow paychecks.
  5. Protects American workers and stops jobs moving overseas.
  6. Keeps tax benefits Americans count on.
  7. Encourages and rewards charitable giving.
  8. Helps small businesses get ahead.
  9. Creates more job opportunities.
  10. 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/

 

 

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About whungerford

* Contributor at NewNY23rd.com where we discuss the politics, economics, and events of the New New York 23rd Congressional District (Allegany, Cattaraugus, Chautauqua, Chemung, (Eastern) Ontario, Schuyler, Seneca, Steuben,Tioga, Tompkins, and Yates Counties) Please visit and comment on whatever strikes your fancy.
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