If this passes we will all get moderate tax relief temporarily. The genius part come in here.
"The joint committee found that by 2023, the tax cuts would disappear for groups with modest incomes.
Specifically, those earning under $10,000 would see their taxes rise by a cumulative $100 million; those earning between $10,000 and $20,000 would see taxes rise by $638 million; those earning between $20,000 and $30,000 would see taxes rise by almost $1.2 billion; and those earning between $30,000 and $40,000 would see taxes rise by $653 billion."
Will 'every American' get a tax cut from House GOP bill? | PolitiFact
In this way Republican not only get to claim a tax cut, they get to blame whoever takes over (probably Dems) for the awaiting increase. Pretty smart politics, even if underhanded.
"The joint committee found that by 2023, the tax cuts would disappear for groups with modest incomes.
Specifically, those earning under $10,000 would see their taxes rise by a cumulative $100 million; those earning between $10,000 and $20,000 would see taxes rise by $638 million; those earning between $20,000 and $30,000 would see taxes rise by almost $1.2 billion; and those earning between $30,000 and $40,000 would see taxes rise by $653 billion."
Will 'every American' get a tax cut from House GOP bill? | PolitiFact
In this way Republican not only get to claim a tax cut, they get to blame whoever takes over (probably Dems) for the awaiting increase. Pretty smart politics, even if underhanded.
