Tuesday, November 28, 2017

The New Tax Bill (You Get the Bill, Rich People Get The Break)

The new tax bill under consideration in the Senate is fine news for anyone that makes a lot of money.  It sucks for anyone else. But then, only rich people pay for campaigns - so the donors are getting what they paid for (and they paid for our representatives).

The (non-partisan) Congressional Budget Office - that is the Budget Office that the Congress created and staffed - has the projections below. Negative numbers mean they pay less.  Positive numbers mean they pay more.

But, hell, you can just think of it this way - who does Congress love - rich people. Then you can read the table without too much thinking. (link)