Obviously there will be redistribution to shareholders, but there have been solid commitments by large corporations like Comcast, ATT, and others talking about putting investments into their companies to help the American people. There are real implications of this bill and there are going to be externalities, but we cannot get hung up on these because we truly have no idea what will happen.

Also, I am at the bottom end of middle class and I will be saving $1000+ a year in taxes.
www.taxplancalculator.com

LOL Spazzo, love the convo....i guess all we can do is wait and see.

You literally just described trickle-down economics.....

As pessimistic as I am about companies re-investing, only time will tell how this all goes down. When I look at ISPs, they've done everything to stifle innovation and progression, so it's hard to believe anything they say. Comcast just announced that they would invest $50bil over the next 5 years even though that's exactly what they currently spend. But, now we get to sit back and watch everything unfold.

Don't think we can talk politics on the forums. I think that is a thing right?

This is not a fully trickle down economic bill, however. There are parts of it that apply to this, but many analysts believe that Reagan did effectively show that trickle down economics can work to an extent, AS LONG AS the corporations reinvest and actually take care of their employees.

I get it why everyone is upset, but looking at the issues with our country will only blind people to think that nothing will work and produce pessimism. I have an S-Corp that is run by my family and we are still being hit with high tax rates, so we are losing in some aspects as well, but the overall benefits to the people busting their ass to help run this country are more copious than you would think.

And yeah, politics shouldn't be talked about, but we are talking about economics, which is a different subject. Politics plays a role in economics, but fundamentally different by means of actual metrics that can be measured.

I am a patriot and I want what is best for my country. I do not wish to screw over people and I will continue to do research on this topic to produce wholesome, worthy debate.

I can agree with you on that. Trickle-down policies could work if all companies bought into the process. Unfortunately, the majority are greedy and would rather give out bonuses to execs than reinvest and focus on a happy workforce. There's nothing forcing companies to follow the trickle-down procedure. So again, time will only tell.

I think one of the big talking points of the bill is how the new income tax rates will expire in 2026 but the corporate rates will be permanent. Not sure the reasoning behind that, but you would imagine it should be the other way around. Give corporations a tax break for investment purposes and permanently give more money to American families to spend. I guarantee you, if you give 100 average Americans $1,000, 99 will go spend that shit on something. It's almost a supply-side vs demand-side economic debate lol

Yep.

Great tax reform, business will be revitalized in America, and families will be getting great cuts. Don't listen to what any article tells you, read the bill for yourself and judge it.

Also, to all lefties:

http://about.att.com/story/att_to_inves ... acted.html

http://time.com/5074911/tax-reform-bill ... s-bonuses/

https://townhall.com/tipsheet/katiepavl ... m-n2426226