Quote:
Originally Posted by PeterG
You "completely disagree" with my evaluation that the majority of the benefits flow to the wealthy? The corporate tax rate is dropping 14 points, the top tax rate for individuals is dropping by 2 points, the inheritance tax threshold is doubling.
You also "completely disagree" with my evaluation that NJ homeowners are going to get socked? Even though analyses from both parties support this position? Even though you claim only that "many" are impacted by the AMT so it "could be" a wash for some? How many are not?
If you want to argue that the tax bill is good for the country, that's fair game. Or if you are happy that your pass-through CPA firm is about to get one of the biggest breaks of all, that's understandable. But please don't claim CPA expertise, and then assert things that are inconsistent with the numbers.
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I am sorry you disagree with me. I have been a CPA for 30 years and I can go back and forth with you all day on this subject but I have clients to see today so we can agree to disagree and everyone can move on their "Merry" way.