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Trump chose five families to show how the tax bill benefits them. Their stories show the reality is complicated.

Source: washingtonpost.com - Dec 15, 2017

Bryant and Ashley Glick of New Holland, Pa., got a call Monday asking whether the couple would like to come to the White House and meet President Trump. They couldn't say yes fast enough.

By Wednesday, the Glicks were one of five families standing with Trump as the president made his “closing argument” in support of Republicans' plan to overhaul the tax code. Trump heralded the bill as a “giant tax cut for Christmas,” and the families were chosen to demonstrate how the bill would be a boon to middle-class households everywhere.

All five middle-class families would almost certainly pay less next year — savings each said would go toward home repairs and paying for college educations for their children. But their stories illustrate the uneven — and uncertain — benefits of the tax bill, especially when it comes to how much middle-class families will save and whether their wages will really increase.

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Category: General Business

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