A devastating analysis of the tax cut shows it’s done virtually no economic good

[boutons_deux]

Trash's tariffs gonna cost every household $830, nullifying tax cut for the non-oligarchy.

[RandomGuy]

I strongly disagree with bolded statement. I worked out the tax savings for the median income on this board. There is NO arguing with the math.

You do understand median is different than mean, yes?

[boutons_deux]

Trash's tariff's costing avg household $800+ / year, annulling any savings from tax cuts

Actually moving tax cut $$$ from citizens back to the govt

[RandomGuy]

I strongly disagree with bolded statement. I worked out the tax savings for the median income on this board. There is NO arguing with the math.

As noted earlier, the increase in the standard deduction and child and dependent
credit was roughly offset by the elimination of the personal exemption.

https://www.everycrsreport.com/files...26d75d35f4.pdf

Overall the report doesn't support the statement either, with the closest it comes to supporting is the bit above. It does point out an overall reduction int eh marginal rate.

"A cut" to be sure for the average payer, especially if you factor in the wealthiest people who got the lions share of the cut.

What hte article was spot on though, was that all the other things this cut was supposed to do, didn't happen.

No massive wage growth.
No massive economic boost.

What happened was a lot of stock buy back happened. The corporate tax cut also went to the wealthiest Americans.

So basically we borrowed money to give to rich people.

[RandomGuy]

The things you have to tell yourself.

Stop pretending that your motivations are intrinsic. You're just j/o. Of course you have an eye on your bottom line; and if you're spouting sh** that's against it, then there's your first clue, snowflake.

not understanding the difference between anecdotes and data.

You do you little guy, you do you.