It's going to lead to higher debt, which will lead to higher inflation, which will be a tax on middle class financial assets and see commodity prices rise. There's seemingly nothing in the bill for the middle class. However, the adverse affects on revenue mean more cuts to all sorts of government spending, including on services, infrastructure, and the money for the government to actually operate (including paying staff, etc.).
What I've seen (which is not a ton) sort of says the middle class will see a little benefit right away, but it will gradually get worse for the middle class and ultimately be a bad thing for them and a great thing for the rich.
"Trickle-up Economics" is another way to view this tax plan. The definition is as follows:
The financial principle of bleeding the poor and middle class of any expendable income (and some necessary income) so they cannot buy anything, thus impacting the government-supported mega-corporations and lending institutions, requiring Republican idiots to give them more money to continue their financial destruction of the United States. Amen.
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