tag:blogger.com,1999:blog-3426800777521979578.post8037663556631003398..comments2024-02-20T19:58:27.733-06:00Comments on Jake's Wisconsin Funhouse: Tax cut not doing much so far for most AmericansUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3426800777521979578.post-69591310653140610952018-04-01T12:44:12.216-05:002018-04-01T12:44:12.216-05:00You have summed up a lot of the cynicism of this t...You have summed up a lot of the cynicism of this tax cut. Walker's $100-a-child tax rebate is the same kind of stunt, where the service cuts and higher property taxes come in the next year.<br /><br /> The problem is that any extra money is going to pay higher bills for insurance, housing, and just getting by. It is not going to make people more secure and have a better life. And as you mentioned, thethen,it ends up costing us in the coming months and years. <br /><br /> And I think most people know it in their hearts, other than the rich and corporate slime that will be better off...at the expense of the rest of us.Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-3426800777521979578.post-42901267170640345222018-04-01T11:40:23.966-05:002018-04-01T11:40:23.966-05:00I think of the tax cut as a loan. My wife and I al...I think of the tax cut as a loan. My wife and I also noted that our withholding dropped by twice the amount of the tax savings we expect. I believe many two income couples,especially those that itemized in the past, will owe tax and penalty a year from now unless they change their withholding.It is also worth noting that the federal government is borrowing the entire amount of the tax cut. The national debt has risen more than $1800 per person just since the first of the year. We will have to pay this back someday or forever pay interest on it.Anonymousnoreply@blogger.com