Heather Long, economics correspondent for The Washington Post, reports on the latest push to pass the tax draw -- including the reservations of Sens. Marco Rubio and Mike Lee. She points out the bill is still "hugely unpopular -- around 70 percent of Americans don't think it's the right trudge, and " and says most polled Americans think it favors the wealthy and corporations.1. Vast majority of Americans will see a tax cut next year; most of the rest will pay approximately the same (only 5-7% will pay more). (Whether they *should* get a tax cut is an open question.)December 15,2017
(2/2) Bigger point is, bc debate on the bill has gone so expeditiously, and "there are just so many loopholes." trade lobbyists giddy approximately opportunity to lower their tax bill way below even that 21% rate,that's already super low. We'll be lucky whether they even pay 10%.
December 15, 2017—December 15, or 2017
Source: thetakeaway.org