But it's hard to argue against the historic tax reform he enacted in December.
Tuesday at midnight is the deadline for millions of Americans to file their taxes for 2017, the a year ago before sweeping changes to the US tax code went into effect in January. "And most important, the American people are winning". People know it, people see it. "The bottom 60 percent will get a tax cut of $440-about a dollar a day".
"This Tax Day we are saying goodbye to the outdated tax code", Enzi said. "Out with the old, and in with the new".
The group-including one member who dressed the part-calls it a tax cut benefiting only the wealthy.
He added that jobs have been created and that Americans have seen an increase in their paychecks, received raises and bonuses, and have lower monthly utility bills because tax savings caused electric companies to lower their prices.
Читайте также: Windows 10 will soon get passwordless logins with Yubico's Security KeyAccording to Gallup, just 39 percent of Americans approve of the tax cuts, despite the best efforts of right-wing big money groups to boost the law's popularity with expensive ad buys.
The bill also almost doubled the standard deduction from $6,350 for single filers and $12,700 for married couples; increased the child tax credit to $2,000; and allowed taxpayers to take a property tax deduction in addition to deducting either income or sales taxes up to a total of $10,000, among several other things.
Bank of America noted that the tax law reduced its corporate tax rate by 9 percentage points.
In CBO's assessment, the 2017 tax act changes businesses' and individuals' incentives in various ways.
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