> 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”.
Too bad about your daughter. Perhaps she should leave that tax hellhole for somewhere with sane fiscal policies.