3 ms·
It's worth noting that the latest tax bill will simplify taxes for a lot of people due to the fact that significantly more people will take the standard deducti
by harryh 9y ago
It's worth noting that the latest tax bill will simplify taxes for a lot of people due to the fact that significantly more people will take the standard deduction instead of itemizing.
- jadedhacker 9y agoThat's the game. Give most people a tiny concession, give the rich millions and millions of concessions. That way you can truthfully say that the bill is actually benefiting people in an extremely short sighted way. The reduction in tax revenue will soon be used to call for the elimination of social programs. Bait and switch.
- harryh 9y agoI hear what you are saying and agree with a lot of it. But you said that tax complexity was foisted on people in order to make them be more in favor of lower taxes for the rich. I was merely pointing out that this wasn't really the case in the most recent tax bill as complexity for many typical filers was generally reduced.