Interesting feedback coming on the House GOP tax bill. On whether it benefits the middle class vs. the "rich"? I've talked to several wealthy Republicans crunched #s and don't see it as a give-away to them...
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...Voters at the lower end of the middle class scale, particularly $150K & less, could very well see a tax cut. Corporations could see relief for their tax burden. What about small businesses? Depends...
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Many businesses won't be eligible for the 25% small biz "Pass Through" rate. Run a white collar professional services biz, like a law firm, consulting firm, architecture firm, etc? YOU DON'T GET the lower rate...
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End of conversation
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Few people base good economic business decisions on their marginal tax rates. This is just another vast tax giveaway to the wealthy.
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