Originally Posted by
TED74
Yup, more taxes on middle America. This provision is estimated to generate $15B in revenue. That'll pay for about 750 miles of wall... isn't that what "we wanted"? Luckily the top 400 Americans are paying a lower tax rate than the middle class for the first time in our nation's history.
To clarify, minor kids' 10-year clock doesn't start running until they hit 18, spouses aren't affected, and most sibling benefactors aren't affected either.
Two things, first the tax write-offs have existed for a very long time, so this isn't true. Second, you are not considered middle class by politicians if you are at a major airline or a CA at most regionals.