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That's because this only looks at income tax. The tax bill is a boon for billionaires because of (1) estate tax repeal (house) and (2) corporate tax cuts that
by hkmurakami 9y ago
That's because this only looks at income tax.
The tax bill is a boon for billionaires because of (1) estate tax repeal (house) and (2) corporate tax cuts that will benefit the capital class that holds corporate equity.
- sureshv 9y agoDon't forget passive income via pass through and capital gains . Also deductions for private jets and golf courses.
- hkmurakami 9y agoI believe the latter 3/4 are not touched in this bill.