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Forget Politics, are we heading for a recession
#10
(09-03-2023, 03:08 PM)masonbengals fan Wrote: From what I understand the only permanent tax cuts were corporate tax rates.

All other tax rates are restored to prior tax schedule levels.

Upon further reading. The only reason the personal tax cuts are not permanent is because not one democrat voted for them, so the only way to get them done was through budget reconciliation which has an expiration date.

Guess who will vote against it in 2025. The same people as before would be my guess.

I'm certainly no expert & far from rich, but I did receive a tax cut.

Depends if the POTUS is an R or a D.


If a D, they will likely vote for it this time to make it permanent like they did with Bush's cuts. 
If an R, they will fight it tooth and nail.

It's all about getting the credit for "helping".
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RE: Forget Politics, are we heading for a recession - Mike M (the other one) - 09-03-2023, 03:50 PM

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