Who would win and who would lose in Republicans' 'big, booty full bill'

[Yo_Mama_Been_Loggin]

Winners: Corporations
The legislation would make permanent trillions of dollars in corporate tax cuts enacted in 2017 during Trump’s first term and expand other tax breaks for businesses. That includes permanently lowering the corporate tax rate to 21% from the 35% level before the 2017 tax cuts. The bill would also extend or increase other tax breaks for business investments, like those on new machinery, equipment and research and development, which business groups have said would encourage business investments in the U.S. The bill would also extend through 2033 tax incentives enacted in 2017 for businesses that invest in disadvantaged areas, called Opportunity Zones.

Losers: Younger generations
The tax cuts would add around $3 trillion over the next decade to the national debt, according to an analysis by the Congressional Budget Office. That means the U.S. would have to borrow more money to cover its expenses, requiring it to pay an estimated $600 billion to $700 billion in additional interest payments, according to an analysis by the Center for a Responsible Federal Budget.

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Winners: Higher-income households
The bill would greatly expand the amount of state and local taxes households are able to deduct from their federal taxes from the current cap of $10,000 to up to $40,000.

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Losers: Lower-income households
Provisions in the latest version of the bill would cause nearly 12 million low-income people to lose their health insurance over the next decade by cutting around $1 trillion from Medicaid, the health insurance program for poor and disabled people, according to the CBO. The Senate bill includes steeper cuts to Medicaid than an earlier version passed by the House.

https://finance.yahoo.com/news/wins-loses-republicans-big-beautiful-174002230.html

[BOSSHOG]

1. Just stating a fact which may sound tacky

I am glad My Wife and I are in our 70s. We’ve had a great life and hope to continue to do so. We wish the best to our Fellow Americans younger than us. The Republican Party is a cancer led by a criminal who is counseled by a thug racist. God Bless America.