SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1047136)1/7/2018 11:41:13 AM
From: Wharf Rat  Respond to of 1573243
 
"So you proved it is not # 1. Instead it is # 2

4th, but who's counting? It's only half the size of Obama's first cut. Obama is also number 2.

President Donald Trump and Republicans plan to ring in 2018 with an aggressive sales pitch for their $1.5 trillion tax cut plan. Ahead of the bill's passage this week, Trump repeated several notable claims about what it will mean for Americans. So how do those claims stack up against the actual bill? Here's a look:

abcnews.go.com

  1. Tax bill

    Inflation-adjusted dollars

    American Taxpayer Relief Act of 2012 (enacted in 2013)

    $321 billion

    Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

    $210 billion

    Economic Recovery Tax Act of 1981

    $208 billion

    Current tax proposal

    $150 billion - $220 billion

    Revenue Act of 1964

    $64 billion

    Revenue Act of 1945

    $60 billion

    Revenue Act of 1978

    $55 billion

    Revenue Act of 1948

    $38 billion