Trump’s tax cut plan—yes or no?

@NJChicaa (115972)
United States
December 1, 2017 3:08pm CST
I have been against it from the beginning because everything I’ve read about it states that it favors the wealthy and big business and that taxes on the middle class will eventually actually increase. It is also calling for the elimination of many deductions that the middle class rely on and even one that teachers currently have for some school supplies. I also suspect that the GOP will want to cut funding for social programs to pay for these tax cuts and I am totally against that. My husband and I were talking a few minutes ago and somehow the topic came up. He said “I just hope the tax cuts go though”. I looked at him totally horrified. I said “are you insane?” They will hurt the middle class! We are middle class!” He then informed me that we would save about $7000 a year under the new tax plan. I don’t know what or who to believe on this.
5 people like this
4 responses
@skydream (1446)
• Agate, Colorado
1 Dec 17
I'm not sure which is better. I think whatever is done needs to help the middle and lower class be able to survive as rich people can afford to have more taken.
3 people like this
@NJChicaa (115972)
• United States
1 Dec 17
Very true
1 person likes this
@db20747 (43426)
• Washington, District Of Columbia
1 Dec 17
Double like.
@kobesbuddy (74526)
• East Tawas, Michigan
1 Dec 17
There's so much red tape added in, our middle class always gets to pay more, while the wealthy reap benefits from every situation!
2 people like this
@NJChicaa (115972)
• United States
1 Dec 17
I agree
1 person likes this
@kobesbuddy (74526)
• East Tawas, Michigan
1 Dec 17
@NJChicaa The basic plan of the Republicans, make the rich wealthier, at the expense of the middle class.
2 people like this
@NJChicaa (115972)
• United States
1 Dec 17
@kobesbuddy that was my impression
1 person likes this
@amadeo (111948)
• United States
1 Dec 17
I am not sure on this.Who would gain the most there.Is this good for us?
2 people like this
@NJChicaa (115972)
• United States
1 Dec 17
I don’t think it is good for most people
1 person likes this
@amadeo (111948)
• United States
1 Dec 17
@NJChicaa that what I figure.They were supposed to pass this bill today ?maybe
2 people like this
@db20747 (43426)
• Washington, District Of Columbia
1 Dec 17
Unfortunately, many people will not fully understand the new tax code until it's time to file for taxes and they sock it to 'em.
2 people like this
@NJChicaa (115972)
• United States
1 Dec 17
Agreed
1 person likes this