New #CBO projections:
Tax cuts:
Income of <$25k will save $60.
Income of $48k-$86k will save $930.
Top 1% will save $51k.
Econ growth will slow to 1.7% in2020.
Budget deficit will be $1 trillion in 2020 because $1.5 t tax cut and $300B in new spending.
Fiscal conservatives my ass
Tax cuts:
Income of <$25k will save $60.
Income of $48k-$86k will save $930.
Top 1% will save $51k.
Econ growth will slow to 1.7% in2020.
Budget deficit will be $1 trillion in 2020 because $1.5 t tax cut and $300B in new spending.
Fiscal conservatives my ass
This will not move the average #maga supporter, however, I set my watch for tax season to watch maga lose their shit when their realize they did not get a tax cut in their paycheck, rather a withholding tax tables shenanigan.
It is ironic that all trump supporters who make under $25k will save the price of a Maga hat on taxes this year?
