timelets: (Default)
timelets ([personal profile] timelets) wrote2018-11-15 03:47 pm
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The 2018 tax cut hoax

https://www.wsj.com/articles/trump-tax-cut-to-be-eroded-next-year-by-inflation-switch-1542302217

By 2025, 8.9% of taxpayers will pay more than they would have under the previous tax law, according to the Tax Policy Center, a research group run by a former Obama administration official. In 2018, 4.8% of households pay more.



As I've said before, we are deficit-financing corporate profit margins.