Categories
politcs

The best overview I’ve found of the changes in the tax code

Ligget and Webb has done their homework. Link: LW Tax Law Comparison_122017

And yes, I happen to think this is a good bill and will have very positive effects on our economy.  I’d prefer a simpler simpler tax scheme (like the Fair Tax), but this is a vast improvement over our current tax scheme.

I’m disgusted,  however, that the Carried Interest nonsense still continues (thanks to the douchebag hedge fund lobby – if there was ever a group that needed less protection, I’m not sure what it is – and I used to work in that business); and further AMT still refuses to die the death it so deserves.

But overall, it’s good.

(h/t Riggs)