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Fake tax reductions. It reduced taxes temporarily for some low and middle income folks. Increased them permanently for many middle income folks due to double
by JohnTHaller 8y ago
Fake tax reductions. It reduced taxes temporarily for some low and middle income folks. Increased them permanently for many middle income folks due to double taxation (state income taxes paid are purposely no longer tax deductible on federal income taxes specifically to hurt blue states). And permanently lowered them for very high income folks.