"There is no limit to what a man can do or where he can go if he doesn't mind who gets the credit." - President Ronald Reagan.

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Wednesday, December 20, 2017

Tax Reform Passes Congress



President Trump has scored his first major legislative victory.

The U.S. House and Senate have passed the tax reform package bill.

A ceremony was held on the South Lawn of the White House featuring President Trump and congressional leaders.

The tax bill (following the President's signature) goes into effect on January 1. We're still stuck with the current tax laws for 2016 (for tax day on April 15, 2018). However, wage earners will begin to see an increase in pay starting in February 2018.

What's more, the ObamaCare individual mandate is GONE!

It is funny, liberal snowflakes are still trying to claim that "Reaganomics" failed to do anything positive. Their meme is bogus and they are stupid if they believe that.

But, here's the actual record (courtesy of Forbes.com) of "Reaganomics".

Currently, the Democrats are screaming that allowing people to keep more of there own money is "theft". Meaning, it deprives the government of your money to spend.

Remember back in the 1980s, the Democrats said that it was "inflationary" for people to keep more of their own money? They'll always come up with some idiotic excuse!

1 comment:

Unknown said...

Taxt reform will affect the economics

Kalif @ solstice

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