dagwolf:

dagwolf:

The tax reform passed in the US House and being worked on in the Senate should be called Ivanka’s Law. It’s basically a tax code reformed for Trump’s daughter and nobody else.

Like grad students making a living will end up with around 5-10 thousand dollar per year tax increase should this reform pass. But Ivanka, should her father live for six more years, will see a tax free inheritance of around one billion should this reform pass.

If you make under 30, 000 a year, you’ll receive an increase. If you make between that and 75, 000 a year, an even larger increase.

Also healthcare will be gutted via tax reform increasing costs, meaning another increase for the poor and middle income.

But Trump’s family and constituents will find relief.

What will Praise and I do with a several thousand dollar tax increase? I don’t know. We need that money. I am worried for us and our neighbors. The idea communities like Albany Park will pay millions and millions more in taxes so that the reform bill can be called deficit neutral bc the absurdly large tax cuts for the wealthy is depressing.