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Trump’s ‘Big, Beautiful Tax Cut’ Holds Some Big Unknowns for Government

January 4, 2018

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At President Trump’s big pre-Christmas tax cut celebration, he proudly told everyone, “I promised the American people a big, beautiful tax cut for Christmas.” And, he added, “that is exactly what they are getting.”

The spin machines are going full blast to tell us whether we’re better or worse off, but we’ll be buried in rhetoric long before we actually know how the bill will work out. Here’s why.

All the old tax tables are obsolete. As well as the W-4 forms, used to figure out withholding. Filling out that monsterpiece is a memory most of us have long since repressed.

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