The Senate passed the Trump tax reform bill last night. The House has to vote on it again due to some changes in the bill.
Nancy Pelosi calls it “Armageddon,” and Libs are breaking into hives over newly-found concerns over budget deficits.
Paul Ryan says Tax Reform Means Your Paycheck Will Grow. I’m all for that.
Out of the 34 countries in the OECD, America ranks first with a 39.1 percent corporate tax rate, compared to an OECD average of 24.1 percent. The OECD figure is what’s called the statutory rate, meaning the base rate applied to corporate profits.
Drudge has a
Followed by a less exultant side bar,
At the WSJ,
GOP Nears Tax Victory as Bill Passes in Senate. Measure will return to the House for a final vote Wednesday
- Full Coverage: GOP Tax Plan
- Cut Your Tax Bill: What to Do Before Jan. 1
- Tax Overhaul Makes Homeownership Less Appealing
Real Clear Markets has,
The WaPo goes Interactive: Will your taxes go up or down under the GOP bill? Had I stayed in New Jersey, they would have gone up.
Stuart Varney praises it as “a return to politics of growth.”
The NYPost had one small headline halfway down the page.
The BBC asks,
Elsewhere (h/t Instapundit),
Left-leaning tax policy center finds that 80.4% of Americans would see a tax cut in 2018. The average decrease would be $2,140. Only 4.8% would see a tax increase.https://t.co/2UVcvrom6d pic.twitter.com/52F9uDx90Z
— (((AG))) (@AG_Conservative) December 19, 2017
Hardly “Armageddon.” But if it is, at least I’ll get some reading done.
Woke up this morning, everyone was dead. Now I can finally get some reading done. pic.twitter.com/lixTA6CIAs
— Ben Shapiro (@benshapiro) December 20, 2017
Wasn’t the world supposed to end last week because of net neutrality?
Fausta Rodríguez Wertz writes on U. S. and Latin America at Fausta’s blog