I know I am not the only one to see this tax cut as a political move. He is hoping it will help him get re-elected, something he seems pretty confident is going to happen. Clinton made a move to the middle to get re-elected too. Most of it is just for talking points though, so he can say he cut taxes. We will still have the worlds fourth largest corporate tax rate and there will also be more regulations added to corporations with less tax deductions. I'm sure that after the election taxes will go back up again.
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