Last I checked we were right around 7% inflation so a 3 percent tax cut along with a standard three percent raise still wouldn't cover most people. It's sad. Want to hear something funny though? My brother in law is an accountant who does tax audits. His best friend growing up is a mortician. Death and taxes in the flesh. Always good buddies!
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Yep the same here basically, the tax break won't make much a difference to most people. Sadly, some will even use the additional money to help secure more credit. That's a slippery slope, bonkers really.
Funny that those two chaps became best friends huh?
They actually grew up down the road from each other, so probably more funny that the picked the professions they did!