A weblog for Small Business Consultants and the vendors who serve them. Say this triggers “technical corrections” to take away the extra $one hundred billion that individuals have figured out find out how to save in taxes, by way of gaps and mistakes in the unique drafting. In effect, this retroactively causes the unique income estimate for repealing the deduction to be correct in any case. Solely, the Congressional Republicans get budgetary credit score for a $100 billion income enhance that may have been denied them, had they drafted the invoice extra competently upfront. And there is no kind of budget-guidelines offset for the fact that the 2017 revenue estimate, based on what was actually enacted, ought to have been $a hundred billion greater, purely as a matter of logical consistency. So upfront incompetence is doubtlessly all upside for these guys.
I could not agree with you extra. I have … Read More