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I don’t think anyone will fault you for making the best of a situation you have no control over. Saving the money will not help conservatives in Congress, though. They need every person to spend every extra nickel they get from tax cuts, thereby increasing demand for goods and services, just to offset the giant hole they’ve blown in the deficit.Since I don't itemize I'll benefit for the time being. Mercenary like I said...I kinda doubt you are a top 1%er so you will not be getting a tax break. You may pay less slightly in income tax but you will pay more in other areas won't you..Odds are very good that that is exactly what will happen. I'll take my tax cuts to the bank for my daughter's college in the meantime. Quite possibly a 'win/win' for me in the short run. Call me a mercenary but when I don't usually agree with what the feds spend their money on, I'll take whatever tax breaks I can get..."non-expiring" then.Nothing is permanent. If there was a true way to make tax codes 'permanent' it would have been done long ago.I've been meaning to post this write-up by Josh Marshall at Talking Points Memo about how badly Trump and the GOP screwed themselves in regards to SALT deductions:I think the GOP are counting on Republicans in blue states to be mad at their democratic leadership as they get hosed. After all, people rewarded the GOP for their negative lousy campaigning and theft of a Supreme Court seat. All those hissy fits during Obamas presidency and they got rewarded.
... For these voters, it’s already a negative prism for Trump and the GOP.
One thing that does not get mentioned enough is that this tax bill is a 4.5 trillion dollar tax hike on the poor and middle class and a 6 trillion dollar tax cut to the top 1% and corporations. So overall it's a 1.5 trillion tax cut but that is just part of the story.
Corporate tax cuts are permanent, yours are temporary. After 10 years EVERYONE making under 73k per year is getting a tax increase. And finally 83% of the tax cut goes to the top 1%
The personal tax cuts expire. Corporate and other cuts are non expiring.
Yes, presumably a future congress can change tax rules.
“Bernie or bust!” was definitely a thing. Jill Stein was a thing, too.And it was Bernie voters who wanted 100% purity who ended up costing her the election.I don't agree with this.
I'm skeptical that Joe Biden's sexual harassment history is spotless enough for the present moment. This:Ew. Yeah, he is an inappropriate hugger (nuzzler?). I still remember his endless hug with Hillary where she taps out several times but he never releases the hold...
...is not a man who is batting 1.000 vis-à-vis boundaries. And any hint of a personal record, when combined with his Anita Hill stuff, could make him toxic to the party's left wing right now.