Quote:
Originally Posted by spence
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.
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can you post a link to that?
The way tax cuts pass now, because votes tend to be partisan, theres some legislative gimmick that usually requires an expiration date, but they usually get renewed as no one wants their name of a big tax hike. So I wouldn't be shocked if the entire plan had an expiration date, but it's very shady (and unlikely) to allow high income earners to be exempt from an expiration date.