Here is hoping Collins, Corker, and McCain develop a conscience in the next few days. And that Alabama elects the first Democrat to the Senate since the 1990's on December 12. (Moore is still in the lead)
This, by the way, is how the Red-State Republicans are planning on fucking over the Blue States. People in New York, California, Connecticut, Washington, etc with very high local taxes are going to be boned. Taking a look at the charts in that article, I am either going to pay 3K less or 2K more a year. Since I give a lot of money to charity, itemize, track all my state, local, sales and property taxes, I'm sort of fucked. The bigger standard deduction will take some of the hurt away, but I will have to add more to my 401(k) to offset the loss of the local tax deductions.
This bill is going to suck for everyone that makes less than 400K a year, itemizes deductions, has medical bills, pays high local taxes, has student loan debt, pays child support and/pr alimony or otherwise does the right thing and saves and lives within their means.
And they are projecting it to cost $1.5Trillion over 10 years. While we are still fighting two wars, need to drop $5Trillion on fixing our infrastructure, our schools are falling apart and AND AND AND.