Originally Posted by
iahflyr
Yes, me and ~20% of Americans who saw our taxes increase under TCJA. This is in response to someone questioning someone’s taxes increasing under Trump’s TCJA. They certainly did.
Bush cut taxes for 100% of Americans
Obama extended tax cuts for 99% of Americans
Trump raised taxes on ~20% of Americans
Or from the other perspective, he stopped 80% of us from having to give you a break on federal taxes to offset your excessive state and local taxes. It's all a matter of perspective.
So how do you stand on the Biden administration 'forgiving' student loan debt? From the debtors point of view it's a helluva good deal. Same for the colleges. From the taxPAYERS point of view, maybe not so much.