Borrow $1 Trillion
to Finance the Deficit?
Bottom-line about
the bill to raise taxes is,
53% of Americans
will pay more in taxes by 2027
While the 2017
republican congress will be paying little to no tax!
By 2024,
the
committee estimates pass-through.
What is this
pass-through?
Will save $60.3
billion on taxes via the new law.
More than half of
the benefit
$31.6 billion
will go to individuals and households earning
more than $1 million.
The committee
estimates that the owners of pass-through entities
companies organized
as sole proprietorships, partnerships, LLCs?
or
S corporations?
that don’t pay
corporate income taxes
Dec 18, 2017
In its last year, the bill raises taxes on more than 53
percent of Americans.
By 2027,
more than
half of all Americans — 53 percent — would pay more in taxes under
the tax bill agreed to by House and Senate Republicans, a new
analysis by the Tax Policy Center finds.