Quote:
Originally Posted by Jim in CT
the reason i g is to give a huge tax cut to wealthy people
in blue states, which bus exactly what it does.
your spin compared the impact under hypothetical assumptions you made about what would
expire in 5-10 years. tax cuts usually have expiration dates now, but almost never expire, and we are all
stunned that you relied on assumptions that painted this as something other than a tax cut. we’re all very shocked.
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No, it was a compromise with progressives that didn't want the SALT cap to go to zero in 2025. Issue is moot as it likely won't survive the Senate.