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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This tax bill kills west virginia, between the seniors and the downstream tax increases on the LMC, it is brutal for them.

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What's a downstream tax increase? You mean less taxpayer subsidies? The LMC doesn't pay taxes.[/quote]
DP.. the tax breaks for the mc will expire in a few years.  I'm thinking these folks don't know this. That's why they think the tax bill is fine because it will create jobs - yes, they actually believe this, but even a Reagan economists doesn't believe in trickle down anymore.  Unfortunately, these mc people believe everything Trump and their R leaders tell them.

For LC, they will most likely lose the ACA subsidies, which means they will most likely not be insured. So, while not a direct increase in tax, it's still a huge loss for them.

As I understand it, medicare will also probably be slashed. That will hurt many older Americans.  AARP has an article about this. I find this part interesting because many older Americans voted for R and Trump.

So basically, the tax bill screws:

- middle class in a few years when the cuts expire for them ( but they don't expire for the rich)
- lower class (losing ACA coverage and probably food stamps
- seniors (losing some medicare funding)
- upper middle class whose taxes will go up

The tax bill winners:
- big corporations (not small business)
- the very rich (like Trump and all his cronies)
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