Subject: Why Seniors like me should fear the GOP Tax Cut
Member Is Offline
Mood: No Mood
posted on 12.24.2017 at 05:33 PM
Why Seniors like me should fear the GOP Tax Cut
I decided to write about the Republican (GOP) tax cut and its impact on me.
My first thing I said after reading several articles is "OUCH!"
Medicare is being cut by $25 Billion in the year 2018. More surprises will be coming in 2019. If your salary is greater than $70,000 a year. That when
you start to get some tax breaks. Salaries between $30,000 and $50,000 get hit the hardest.
And there's more...
I'm just now wrapping my head around this new tax plan.
Yes, Presidential Candidate Trump did promised changes....and as President, these changes have started.
So without much more ado, here they are.