As the Trump tax reform bill becomes law, a number of people are pushing for a tax holiday.
If the GOP is serious about cutting taxes, this will be the time.
It’s a simple fact of life.
But while it might seem like a good idea to cut taxes for the middle class and the wealthy, the logic of a tax break is not the same as the logic behind raising taxes on the rich.
Here are five reasons why a tax cut should not be the centerpiece of tax reform.1.
Cutting taxes on rich will hurt middle-class families and their children.
As a result, many middle-income families will see their taxes rise.
That’s because the tax cut will not only raise taxes on their own income, but also on the income of their children and grandchildren.2.
It is a bad idea to raise taxes for rich people and give tax breaks to the wealthy.
The tax cut may seem like an attractive tax break for the wealthy because it gives them a huge tax break, but it is not.
In fact, a lot of the benefits from a tax increase go to the middle- and upper-income Americans who are already getting the biggest tax cuts.3.
A tax cut for the rich will be a boon to corporations.
For a start, the tax relief will help corporations that already pay a lot in taxes.
But it will also give them a boost.
In other words, corporations are already in a position to spend money on dividends, buy back stock, buy up new capital equipment and invest.
They are already investing, so they can make big profits, which means that the tax break will make their taxes go down.4.
It will make the rich richer.
A rich person’s income is a reflection of his or her success and wealth.
It makes sense for a rich person to pay more in taxes because they are making a lot more.
But what if a rich tax cut is actually a boon for the bottom half of Americans?
The bottom half will have a much bigger tax cut.
It means that if the top 1% makes more money, the rest of us are better off because the rich get a bigger tax break.5.
A wealthy person’s tax break may hurt middle class families and children.
The rich will have an incentive to keep investing, and if the tax cuts are not there for them, then the bottom will suffer.
So a tax bill that makes the rich more wealthy will hurt the middle and working classes.
It will also hurt low-income people.
The richest one percent of Americans make almost 70% of all income in the United States, and the bottom 90% make less than 25% of the nation’s income.
They will get a lot less money from the tax bill than the middle or working class.
They can therefore spend it on buying more expensive goods and services, including on housing and food, which will make them even poorer.
In fact, the rich are already doing well under the tax breaks they get under Trumpcare.
Since Trumpcare expanded the tax benefits for those making less than $250,000 a year, for example, the wealthiest one percent has received a whopping $5.6 trillion in tax breaks.
The bottom 90 percent have received $1.4 trillion.
In sum, the richest one per cent of Americans will get more money than they would if Trumpcare were fully repealed.6.
The wealthy will get to keep more of their money.
If a wealthy person gets a tax reduction, the money he or she will get will stay in the hands of the richest people.
So if you’re the richest person in the country, you will keep more than the other 99% of Americans.
If you’re not, you’ll get less than the rest.
And that will make your taxes go up.7.
The wealthiest will get less of the money.
As the wealthy get a tax exemption from the $5,000 threshold, they will be able to pay less in taxes than if they paid the full threshold, which is currently $110,000 for married couples.
And if they get a lower income tax bracket than the average person, that’s not the end of the world.
If they pay the full $5K, they’ll still get $5 million in tax deductions and loopholes.
But the bottom 80% of taxpayers won’t get any of that money.
So that money goes to the top 2% of earners, who will get another $5 trillion in revenue.
That will be enough to pay for everything from infrastructure improvements to higher taxes on businesses and people making more than $1 million.8.
It may hurt the environment.
It seems like the biggest environmental disaster in American history was caused by a tax hike on the wealthy and corporations.
But if we cut taxes on corporations and the rich and allow the rest to keep a larger share of the tax savings, the entire planet will be better off.
A big part of the reason we need to cut our carbon emissions is because