Quote:
Originally Posted by joey2665
I’m sorry the “facts” cannot and do not show that the new tax laws did not help the average person nor that 60-70% of Corp cuts have gone to shareholders. The FACT is the changes took affect 1/1/18 and no person or company has filed a tax return yet that includes the changes. These are merely assumptions and many incorrect. This was a complicated change to the code and conclusions can only be drawn after this coming tax season in 2019.
Also you point out the bad but left out the good such as increase in the stock market (which helps many employees 401k), reduced unemployment and increased GDP.
Not to mention that politicians local or otherwise have been influenced by money since the beginning of time, certainly nothing new.
Sent from my iPhone using Winnipesaukee Forum mobile app |
As someone with a highly vested interest in the Tax Cuts & Jobs Act and understanding most if not all of the intricacies, I have no issue educating anyone that thinks this was merely a tax break for large corporations or the wealthy. The entire TCJA is a landmark overhaul that is intended to make the U.S. significantly more competitive as compared to other jurisdictions. I will not bore with the logistics of how, but confident in this and would be happy to filter a discussion outside of being behind a keyboard.
