What are you thoughts on the new tax bill? How does it effect you?

LTJG Private RallyPoint Member — Thu, 30 Nov 2017 09:25:04 -0500

With the new tax bill coming up, what are your thoughts on it? How will it impact you and your families (based on what you know about the bill)?

Response by MSgt Allen Chandler made Nov 30 at 2017 9:28 AM

MSgt Allen Chandler — Thu, 30 Nov 2017 09:28:07 -0500

for me it is good my taceswill go down about $2000 a year. for the US I think it is bad. it will add to the debt and most people will pay more in the long run.

Response by LTC Kevin B. made Nov 30 at 2017 9:31 AM

LTC Kevin B. — Thu, 30 Nov 2017 09:31:13 -0500

I don't like it at all (either version, House or Senate). First, the law will significantly raise my taxes. Plus, it's not really a tax reform bill; it's a tax cut bill (and most of the cuts go to the people who need it the least). In my opinion, neither version reforms the tax code into something simpler.