That Swamp: What Trump Really Meant Was to Drain the Pockets of Americans Who Make Less Than...

The sky is falling, the sky is falling!

The final form of the bill has not even been decided yet. However, tax cuts historically have run counter to the assertions made above. Tax cuts in the 1980's produced a deficit only because the Democrats controlling the Congress failed to pass the corresponding spending cuts that went with them as was promised with the passage of the tax cut legislation. Overall tax cuts did increase the number of Americans above the poverty line.

California which is one of the highest taxed states in the country leads the Country in the amount of Children living in poverty, currently at 27% of the total California population of children, New York is not far behind at 20%. Believe it or not the deep South States of Alabama, Mississippi and Louisiana take far better of their poor and trail behind California and New York state. It does show you though that there isn't much relation to taxation rates to who lives in poverty. It's more what states spend on combating poverty.

http://www.aecf.org/resources/measuring-access-to-opportunity-in-the-united-states/

Good!!! I hope they do chop Social Security and Medicare, or make participation voluntary. My retirement portfolio will pay me 50% more than my social security on the same percentage of my pre-tax paycheck. I would have been living entirely off my retirement portfolio at for the last 9 years if I could have managed the money that went into social security. As an earner, I find the Federal government is really good at taking my money away, and absolutely horrible at giving any back. I don't need or want the nanny state to take care of me or mine.