[palmer]

The most important objective of the current tax cut is to grow the economy. The fact that a few people in high tax states won't be able to deduct all of their local taxes is not going to substantially change economic growth. The fact that corporations will deduct all of their taxes is somewhat hypocritical (of me and the bill supporters). However business tax and income predictability is a strong driver for the economy.

I just don't get the insistence on ALL taxpayers getting a cut. I certainly won't get a cut since VA income tax is my largest deduction. But I am looking at the big picture and the greater good.

[central_va]

I just don't get the insistence on ALL taxpayers getting a cut.

What this says about you are two things. You do not believe in supply side economics. It also says that you think that cutting all tax rates for everyone will decrease federal revenues, which is a falshood.

[Oldeconomybuyer]

> However business tax and income predictability is a strong driver for the economy. <

The corporate side of these “tax reform” bills looks good. No beef from me. But individuals pay taxes, not “averages”. One of those individuals is my daughter who lives in CA, is in the 13.5% state tax rate, and because of insane home prices has a mortgage over $500k. Married with two kids seems “average” to me, but she’ gets absolutely CRUSHED by the republicans “plan”.