Trump Tax cut will give 1.1 billions for Trump and his family. Also it will not help the middle income people. Trump tax plan also will cut more than 180 billions from Medicaid, which helps most of the poor , middle class ,low income and elderly people in America. Trump tax cut will also increase the deficit. I can guarantee one thing for sure the consequences of Trump tax plan is not going to be very pretty in the future. Basically Trump and the republicans screw up American economy and the rest of the America suffer. I think this is why the people in PA, OH, WI and Mi voted for him. So Trump and his family will benefit 1.1 billion dollars while the rest of the America suffer. This is not right.
Trump wants this tax cuts so that he can put 1.1 billion in his pocket and GOP want to give many billions to the corporations so that they get few hundred thousand of dollars for their campaign.
According to the CBO repealing the mandate will increase the revenue by $300 billion and 13 million people will lose their insurance. More
Not to worry democrats Trump will not be in the White House after 2020.
That is the Good news for the democrats.
President Donald Trump has insisted, for months, that the Republican tax plan he supports won’t benefit him.
“It’s not good for me. Believe me,” he said at a (Liar and Con Man)Sept. 27 event in Indiana to sell the plan. “My plan is for the working people, and my plan is for jobs. I don’t benefit,” he also said that day.
And earlier this month, according to NBC News, Trump told a group of Democratic senators in a phone call, "My accountant called me and said 'you're going to get killed in this bill.’” More
Trump’s tax proposal won’t actually help the middle class. Here’s what would. (Trump is a Liar)
President Trump campaigned on helping the little guy. His latest tax proposal, he says, is about helping the middle guy.
“It’s a middle-class bill,” Trump promised an audience of truckers last week. More
In political gamble, GOP gives permanent tax cuts to corporations, but not people
The essential gamble of Republican plans to overhaul the tax code is now becoming clear: Big businesses get a large, permanent tax cut, while American families receive only temporary tax relief that expires as soon as 2023 in the House bill and 2026 in the Senate bill More
President Trump could cut his tax bills by more than $1.1 billion, including saving tens of millions of dollars in a single year, under his proposed tax changes, a New York Times analysis has found.
On Wednesday, the White House announced a sweeping plan to cut a variety of taxes that would overwhelmingly benefit the wealthy. The estimate of Mr. Trump’s savings is based in part on information from his 2005 federal tax return. more
The Republican tax reform bill could trigger something President Donald Trump promised would never happen: an automatic $25 billion cut to Medicare.
Republicans are trying to pass a $1.5 trillion tax cut — which the Congressional Budget Office said Tuesday could trigger a sequestration across some major mandatory spending programs, like Medicare, federal student loans, and agriculture subsidies, and even some funding for customs and border patrol.More
The GOP tax bill could trigger automatic cuts worth $136 billion from mandatory spending in 2018, including $25 billion in Medicare cuts, if Congress doesn’t find another way to offset its deficit increases, according to the Congressional Budget Office (CBO).
The Republican tax plan would force the government to slash billions of dollars' worth of core services unless Democrats relent, according to a new report More
The non-partisan Congressional Budget Office sent out a report that claims while repealing the mandate there will be an increase if revenue by over $300 billon, yet 13 million people will lose their insurance over the next ten years and insurance premiums would increase by 10 percent every year after the repeal.