How Trump's Tax Bill Helps YOU - Trump Era

Fox News: Reports " The final bill – a combination of previously passed House and Senate legislation – would slash the corporate tax rate from 35 percent to 21 percent. It would double the standard deduction used by about two-thirds of U.S. households, to $24,000 for married couples. And the $1,000-per-child tax credit would double to $2,000, with up to $1,400 available in IRS refunds for families who owe little or no taxes.  "

Lets Get Real:

The Republicans must now start to CUT WELFARE, tax hikes have to be paid for, thus the Trump Administration in the New Year must cut welfare to the poorest of people, handing out money to the poor does not help, the idea is to allow them to help themselves, thus new training schemes, making it harder not easy to create a family that lives off welfare, it should be tax benefit NOT TO HAVE LARGE FAMILIES.   This will look mean to readers, it is not, welfare is mean, it needs there to be poor people, the left love poor people, that is how they get elected.  Help people to help themselves. 

Brexit Update - Post Brexit

Daily Mail: Reports " Britain WILL be able to set its own regulations and strike trade deals after Brexit, vows May as ministers agree 'ambitious' demands for negotiations   "

Lets Get Real:

In the transition period this blog supports the right of the UK Parliament to decide what laws are required for the UK, that UK Courts should be the final say on UK Law.   That the UK Government can decide what trade deals it want, that the UK borders limits immigration, and more money can go to the NHS.   The UK voter in 2016 voted out of the EU, it did not vote for the UK to become the colony of of the EU.  One will be interested to see what is the Government's plan is in the transition period.

The Effect of the Tax Bill on ObamaCare - Trump Era

NBC News: Reports " The bill also has significant implications for health care, where it abolishes the Affordable Care Act's penalty for Americans who don't purchase insurance. The Congressional Budget Office estimates that change would lead 13 million more Americans to go without coverage after a decade and cause premiums on the individual market to rise 10 percent per year. "

Lets Get Real:

The damage of ObamaCare is somewhat revoked by this bill, before people has to pay a fine if they did not have healthcare, this bill revokes that, it does not fix the damage of ObamaCare, the individual Americans found that if they liked their Doctor under the previous system they face losing their Doctor with ObamaCare.   The Obama Oval used Parliamentary tricks to get ObamaCare through, now part of it has been revoked, let us hope that it teaches future Presidents not to go down the road of hubris.   The US is a big country, it's not Europe.    With this victory President Trump has attached his name to Reagan's who also reformed the tax system. 

Tax Overhaul in the US - Trump Era

BBC News: Reports " . The Republican-controlled Congress is expected to confirm the most sweeping overhaul of the US tax system in more than three decades. "

Lets Get Real:

This is a good day for President Trump, this is the biggest change in business and personal taxes since the reform of the Reagan Administration.   These cuts to taxes should allow business to bring profits home and allow them to invest in the US market, more jobs, more tax for the US Government.  This is a MAJOR WIN for the Trump Oval, let us hope in political terms that the Oval does not spoil message, keeps its view on the tax reform, not a another tweet upset at the Special Prosecutor.