Quote:
Originally Posted by Jim in CT
Nebe said the corporate tax cut helps him. There is a common belief among liberals, that owning a business, and being middle class, are mutually exclusive. Not every business is Walmart or Amazon. Tons of small businesses are owned by middle class folks. How does the corporate tax cut not help all of them?
And how does doubling the standard deduction, not help everyone who takes that deduction?
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The corp. tax cuts help corps. - which is fine if they hire more people. but a tax cut doesn't mean they will hire people.
The deduction helps people if they take the deduction but if the tax cuts causes people below $125K to pay more, that hurts the middle class (plus the SALT will kill the North East.