Individuals get a little tax relief — remarkably little for most of us — and that disappears after ten years. According to today's analysis of the Senate version of the bill by the Joint Committee on Taxation (JCT), the country will be $1 trillion additionally in the hole than if the bill didn't pass. Let's start with one of the most foolish claims: companies will invest more in facilities and workers with all the tax relief they're getting. That only works if companies plan to invest increased profits in those areas. Companies don't spend money on capital investments and personnel just because the cash is there.

Source: Forbes November 30, 2017 23:26 UTC