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Old 11-03-2020, 11:03 AM   #25
detbuch
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Join Date: Feb 2009
Posts: 7,688
Quote:
Originally Posted by spence View Post
Taxes for everyone but the super rich are set to phase out over the next six or seven years. It was an accounting trick to get the giant tax cuts for business and the wealthy through.
Tax cuts for business was the most important part of the tax cut. Getting a competitive market place in which business doesn't go elsewhere because of tax rates is what was, as planned, attracting business to come here or stay here. More people working was the main purpose. But lowering business taxes is usually demonized by the left as tax cuts for the rich.
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