Short term, who knows? Taxes in the United States are complicated as all crap, so what Trump is trying to do is simplify and make it easier to pay to start. Then, he’s got his sights on cutting taxes. He’s already cut taxes for the wealthy, but that’s mainly because tax cuts for the wealthy would not only benefit him, but benefit those that paid for his campaign, not to mention those that pay for the lobbyists that push for wealthy tax cuts.
However, in the long term, if Trump is able to deliver the tax cuts for the average American, it’s pretty safe to say he’ll have accomplished a big thing. Taxes are not easy to make disappear since they help run the country.
A lot of people are saying that the new tax plan will make it evident that there are people who get paid more than the others. It will be evident through the taxes that they pay. The rich seem to be very happy with the new tax plan. They know that they will benefit from it in the long run. Yet, there are people, the average Americans, who are not too thrilled with the changes.
It can be confusing to take note of taxes. The new tax plan will update people’s knowledge on taxes in general but it does not always mean that simple is the best. People may become happier about it in the future but as of now, people are still confused as to what the tax plan is all about.
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