Trump’s Tax Cuts Will Tear Down the Blue Wall — Steemit

My Turn: California must follow Trump’s lead and cut taxes now.. President Donald Trump’s federal tax reform held up a mirror to tax-loving California politicians and they are afraid of what they saw.. could california taxpayers lead another Prop. 13-like revolt and tear down the high.

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Wall Street’s reaction to Trump’s tax plan: Ho hum. Overall, the CRFB estimates, the cuts will be worth a total of $5.8 trillion through 2027 while the tax increases will be worth .6 trillion. That would result in a net hit to the national debt of $2.7 trillion including interest. This doesn’t factor in any potential boost to the economy, if any,

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Mr. Trump, Tear Down that Blue Wall! The incentives are now aligned to accelerate the exodus of workers and businesses from high tax, high-regulation states like New York, New Jersey, Illinois and California to low-tax, lower regulation states like Florida, Georgia, Tennessee and Texas. In other words the Blue Wall will crumble.

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Mr. Trump, Tear Down that Blue Wall! The incentives are now aligned to accelerate the exodus of workers and businesses from high tax, high-regulation states like New York, New Jersey, Illinois and California to low-tax, lower regulation states like Florida, Georgia, Tennessee and Texas.

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Mr. Trump, Tear Down that Blue Wall! The incentives are now aligned to accelerate the exodus of workers and businesses from high tax, high-regulation states like New York, New Jersey, Illinois and California to low-tax, lower regulation states like Florida, Georgia, Tennessee and Texas. In other words the Blue Wall will crumble.

Even if the rich aren’t the biggest beneficiaries of a tax cut, they could still feel it first. The tax-code outline republicans released at the end of September lacked many details, and major components of it, including repeals of the estate tax and the individual deduction for state and local taxes, already are looking tenuous. As it stands, though, the top 1% of households would get an average tax cut of.

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