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Debate

Tax reform is a Trojan horse. There might be some tax reform where deductions are taken away and the rate is lowered. Eventually the tax rates will rise but there will not be any deductions.

therewillbewar
therewillbewar

Historical precedence. This scenario happened in 1986. The deductions and rates were lowered. Eventually the rates were hiked but there were less deductions.


Open Discussion

  • therewillbewar

    Tax reform is a Trojan horse. There might be some tax reform where deductions are taken away and the rate is lowered. Eventually the tax rates will rise but there will not be any deductions.

    This is simply the best thing we could do for our economy.