But he's suffering from an honest misunderstanding when it comes to the GOP tax framework. The problem comes because in their plan they’ve eliminated the deductions many Americans take for their state and local taxes, and they’ve also eliminated the personal exemption. A Republican tax plan probably shouldn't result in a tax increase for working or mass affluent middle class families. And if the GOP Framework did as Senator Paul is describing, we'd have some tinkering to do. The only problem is, the GOP Framework does no such thing.

Source: Forbes October 05, 2017 00:56 UTC