The broader goal of the Republicans’ Tax Cuts and Jobs Act was to boost economic growth and provide a better standard of living for all Americans. The most critical word in that sentence is “all,” because the only tax code that is right for America is one that is fair for all Americans.
There is no doubt that last year’s tax reform was historic. Families are seeing larger and larger tax refunds, CEO confidence is at an all-time high, and the economy is continuing to grow at a rapid pace. Any casual observer, including this author, would call this bill a success.
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