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Old 12-30-2019, 09:45 AM   #5
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Keep repeating the party line just like State TV, comrade

Putin's Puppet has you well trained.

The overhaul of the federal tax law in 2017 was the signature legislative achievement of Floridaman’s presidency.

The biggest change to the tax code in three decades, the law slashed taxes for big companies, part of an effort to coax them to invest more in the United States and to discourage them from stashing profits in overseas tax havens.

Corporate executives, major investors and the wealthiest Americans hailed the tax cuts as a once-in-a-generation boon not only to their own fortunes but also to the United States economy.

But big companies wanted more — and, not long after the bill became law in December 2017, the Floridaman administration began transforming the tax package into a greater windfall for the world’s largest corporations and their shareholders. The tax bills of many big companies have ended up even smaller than what was anticipated when Floridaman signed the bill.

The budget deficit has jumped more than 50 percent since Floridaman took office and is expected to top $1 trillion in 2020, partly as a result of the tax law.

A majority of Americans have long believed that upper-income Americans and corporations pay too little in taxes.
Did Floridaman’s law address this situation?
Americans say no, Americans correctly perceived that Floridaman’s law did little to change this and in fact benefited corporations and the rich.

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
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