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Everything You Need To Know About The Tax Cuts And Jobs Act

My reaction to that is “Twenty bucks a week, whoopty doo”.  Don’t get me wrong,  I have a rule that my kids are not allowed to use the word “only” in association with any amount greater than four dollars, but still.  Imagine Joe Median saying to himself “Thank you, President Trump, now I can finally take the kids to Disneyworld. ” And then he realizes that a thousand and change would maybe pay for the tickets for three days and he lives a long way from Orlando and does not have any relatives he can crash on.  OK OK you want to know what is in the bill, not my thoughts about the Magic Kingdom.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.