bosco08

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bosco08
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  • US tax reform, if it passes, predicted to drive Apple toward $1 trillion market cap

    tzm41 said:
    Why do I feel the main theme of the "tax reform" is to put heavier burden on the middle class and give more cut to the big corporates? That doesn't seem very good to me.
    What is proposed doesn’t support your feeling. Middle class and small business owners would see large cuts.
    Hmmmm .  Where do you get your information?  I'm reading the Tax Policy Center's analysis and in the abstract it states "Those with the very highest incomes would receive the biggest tax cuts. The tax cuts are smaller as a percentage of income in 2027, and taxpayers in the 80th to 95th income percentiles would, on average, experience a tax increase."  And Mnuchin has not said the tax plan would reduce middle class taxes.  Do you know something Mnuchin doesn't?
    tzm41frankieStrangeDays