Thursday, December 21, 2017

Six Things You Might Not Know About the Republican Tax Bill – Mother Jones

Well, the Republican tax bill is set to pass later today. You know the basics: it cuts corporate taxes permanently but cuts individual taxes only temporarily. It’s a pretty good deal for rich people, not so great for the middle class. You may also know that we dodged some bullets. The tax on grad students got axed, for example. Likewise, Congress got cold feet at the last second about eliminating the Johnson Amendment, which bans churches from engaging in political activity. But there are also some less savory provisions of the tax bill that you may not have heard of. Some of them have been there all along, while some got added at the last minute. Here’s a few of them:....
http://www.motherjones.com/kevin-drum/2017/12/six-things-you-might-not-know-about-the-republican-tax-bill/

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