It's important to realize that the tax cut was not only for huge corporations. I'm not for tax cuts to huge industry any more than the next guy, but this bill also applies to all small business owners. I personally will get to write off 20% of my income and take larger standard deductions. My accountant included a page in my tax preparation this year that shows me how it will effect me. Through the deduction difference, the 20% pass through write-off and the rate changes (and associated income tax rate drop from showing less income) it will save me 38% next year.
That's HUGE for my small business. Game changing really. That's 38% more revenue I can take home to my family or reinvest or pay to my employees.
I am not a trump fan but I'm good with this one