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Chris Hesse's avatar

We need a more principled stance on the first question. The tax provisions are good, no doubt. This country has a spending problem, and the bill does little to move spending where it needs to go. There is no reason why this country can't immediately go back to a 2019 spending target. Neither party is serious about reducing spending. Separately, the tariff policy of this country is a joke. The appropriate tariff is a zero tariff. But tariffs are not the subject of the bill.

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Thomas Jones's avatar

BBB - The one big, beautiful bill is also one Big, Budget Buster which will add $ 5 trillion to the Budget Deficit. Does anyone really give a damn?? China holds a big portion of debt. This is not a very good picture when they sell the debt. Moody's just downgraded the US Debt last week.. Hopefully the Senate will keep bonus depreciation and step up in cost basis to FMV at death. Yes, the country has a big spending problem but cutting revenue in such a big way is Not the answer. No tax on overtime will be totally abused. I can see it now, just put your salary at $ 40,000 and all the rest is overtime. No tax on tips, why are we giving that revenue away. No Tax on social security. Tax on Social Security was passed when Bill Clinton was President and we had a Republican Congress and we Balanced the Federal Budget!! Where are all the so called Republican fiscal conservatives??? I sincerely hope the Senate cuts back a lot of these give aways.

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