Yes indeed: never mind that Hoover, Reagan, Bush II and other
top-tier republicans have trotted out/tricked/tried this tired
"trickle down" conservative notion ad infinitum, ad nauseam.
Impartial studies over the decades have clearly shown that
allowing the super rich and their LLPs, LLCs, etc. to keep
more money has NOT resulted in significantly more full-time
employment opportunities for the 95%. During the Reagan era,
the tax rate for the rich was higher than now, yet fewer of those
wealthy folk complained--a crueler, more ignorant world we
witness today; observe all the high and mighty swearing they have
done nothing wrong while multiple testimonies strongly suggest
many have seriously erred.
As usual, our Congress has thrown in indirectly related matters,
no pure tax/budget bill in the offing--that would make sense, be
eminently logical. Did the republicans pull a fast one? Hmmn...
alas, it really is only a temporary victory, as they are faced with
a very real upset in 2018.
I live in hope 'til then. Meanwhile, dear five percenters, enjoy
your holiday tax gift while you have it, as any contract can be
broken and any U.S. law can be overturned.