Okay, who is the middle class? This tax cut doubles deductions and does away with deducting state taxes paid from federal taxes. Seems like a balance to me.
If anything this will be better for the majority of tax payers.
Still when you add it up, it will only touch the ones making hundreds of thousands a year. It is a tax hike only for those making well above the average income. I mean we are talking an additional 6-12,000 dollars in deductions.
Furthermore no deducting interest on mansions that cost millions. I MEAN A 10 GRAND CAP on deductions? Ten grand in interest per year? And this: “The bill would create a new “Family Credit” and expand the child tax credit used by working families. The child tax credit would grow from $1,000 per child to $1,600 for each child.”
Who are the dems protecting? Rich blue state democrats.