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Tips to Beat a Hangover the day after St. Patrick’s Day

hangover cure

St. Patrick’s Day is one of the biggest drinking days of the year. If you wake up unsure of how many green beers, Irish car bombs or shots of whiskey you drank, you may be in need of a hangover cure. Typical hangover symptoms include nausea, sensitivity to light and a headache. Hangovers occur when your liver is trying to clear out excessive amounts of chemicals and toxins ingested from too much alcohol. Here are some helpful hints to help you recover the morning after St. Patrick’s Day.

Hydrate

Hangovers are caused by changes in body chemistry and the toxic chemicals in alcohol. Alcohol is a diuretic, which can leave you dehydrated. Changes your body’s chemistry can also cause you to lose water, so it’s important to hydrate in order to avoid a pounding headache the next day. Remember for every pint of beer, drink a glass of water.

Alkaline water is the perfect beverage to restore you system after drinking alcohol. Alkaline water hydrates, restores homeostasis, removes acidic waste, boosts oxygenation of blood and acts as an antioxidant. Restock the body with necessary fluids and nutrients to break down toxins and reduce the negative reaction to the chemicals in alcohol.

Replenish Electrolytes

When you’re dehydrated from alcohol your body is in need of potassium, electrolytes and sodium. Consider electrolyte water, a pediatric electrolyte beverage, or a sports drink. They also sell electrolyte pills, fizzes and liquid drops as well. It’s essential to replenish all the necessary nutrients including sodium, potassium, magnesium, calcium, hydrogen phosphate and hydrogen carbonate. Make sure to keep your electrolytes in check while you’re drinking or after you’ve finished.

Eat

If you’re hungover, you might be sensitive to light, certain smells and even movement. A strong scent from certain foods could easily make you feel nauseous. Headaches also occur when blood sugar dips and body is dehydrated after consuming alcohol, so it’s important to eat. Toast and crackers are great hangover foods, they are bland, absorb the alcohol and since they are carbohydrates, they help raise blood sugar to get rid of your headache.

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Non-Irish things to do on St. Patrick’s Day

Not into green-dyed beer, overcrowded bars and corned beef and cabbage? Here are some non-Irish events and concerts that you can attend this St. Patrick’s Day on Long Island.

The Spring I Love Chocolate Fest at the East Wind

Date/Time: Mar 17th and Mar 18th-10am-6pm

Location: East Wind Long Island

5720 Route 25A
Wading River, NY 11792

Cost:  Adults $20/Kids and Seniors $15/Kids 3 and under are free
Website: lovechocolatefest.com

Chocolate lovers, indulge your sweet tooth at New York’s biggest chocolate event with over 50 chocolate exhibits including everything from decadent truffles, handcrafted chocolates and chocolate covered bacon and jerky. For the non-chocolate lovers, there will be 50 exhibits with delicious food, crafts, wine, beer and spirits. Enjoy live music and entertainment and a special visit from The Easter Bunny.

Judas Priest

Date/Time: Saturday, March 17th-7pm

Location: Nassau Coliseum

1255 Hempstead Turnpike

Uniondale, NY 11553

Tickets: $65 nycblive.com

The English heavy metal band, Judas Priest will be rocking the stage at Nassau Coliseum for St. Patrick’s Day. Judas Priest just released their 18th studio album Firepower, the first studio album since Ram it Down in 1988.

Werid Al

Date/Time: Saturday, March 17th-8pm

Location: The Paramount

370 New York Ave

Huntington, NY 11743

Tickets: $47.25-$99.50

Website: paramountny.com

“Weird Al” Yankovic will be taking the stage for The Paramount Comedy Series, as part of his “The Ridiculously Self-Indulgent, Ill-Advised Vanity Tour.” Enjoy his humorous songs and parodies as he pokes fun at pop-culture.

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LI Pie Shops-National Pi Day 2018

Making a great pie requires major baking skills, but if you’re buying one you need to know which Long Island bakeries and farm stands make the best pies for National Pie Day. Here are some top pie picks for dessert-lovers.

Briermere Farms- Riverhead

Pies from Briermere Farms are made entirely from scratch using fresh fruits grown on the farm. They do not use any prepared ingredients or fillings. Some of their cream and meringue pies include lemon meringue, coconut meringue, chocolate cream and key lime. Some of their fruit pies include apple, blueberry, cherry, peach, raspberry, strawberry, rhubarb and apricot. Fruit pies can even be bought in advanced and froze if you follow the directions on the Briermere Farms website.

Diane’s Bakery Café- Rosyln

Pies from Diane’s Bakery are always fresh and delicious. Some the types of pies baked include apple, triple berry, pecan, chocolate mousse and banana cream. Diane secret to a great apple pie is all about the ingredients. She uses fresh local apples, lemon juice (so the apples don’t brow) and nutmeg to heighten the flavors and aromas of the apples. Diane’s pies are not overly sweet, which showcases the fruit in the pies. Each pie is $26 which can be considered expensive, but they are well worth it.

 Buttercooky Bakery-Floral Park & Manhasset

The Buttercooky Bakery is not just known for their cookies, they also make a variety of lattice, traditional and crumb topped pies. Their slogan is “baked with butter makes it better.” Some of their most popular pies include their sweet potato pie, key lime and coconut cream with whipped cream icing with coconut flakes, yum!

Jericho Cider Mill- Jericho

The Jericho Cider Mill is a popular hot spot on Long Island. They make delicious apple cider, cider doughnuts, jams and pies. Some of their most popular pies include apple, apple crumb and pumpkin. If you have your heart set on a certain type of pie, make sure to arrive early and know it might be difficult to find parking.

Kerber’s Farm-Huntington

Oprah once described the kerberry pie from Kerber’s Farm as one of the best desserts she ever had. This pie is a mix of blueberries, strawberries and raspberries covered with a crumb topping. Some of Kerber’s other pie varieties include strawberry –rhubarb, s’mores, coconut-cream, cherry, blueberry and apple. Go where the A-listers go to get their dessert.

Youngs Farm-Old Brookville

Pie crust is made of three basic ingredients, flour, fat, and water. Most pie crust recipes use butter as its fat, however at Youngs Farm, they use shortening. Crusts made with shortening are easier to work with and come out tender and flaky. They make a variety of pies including pumpkin, apple, apple crisp, cranberry nut, pecan and more. Be sure to pick up one of Youngs seasonal apple pies and a container of vanilla ice cream.

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Sail Away Coffee Co. launches canned Nitro Cold Brew

Long Island-based Sail Away Coffee Co., released their canned nitro cold brew on March 7th at their Next Adventure Launch party at The Nova Sanctuary in Oceanside, NY. The Nitro brews come in three flavors: sweetened, unsweetened and sea salt & caramel featuring local sea salt from Amagansett, NY.

Nitro coffee is cold brewed, put into a keg and is infused with nitrogen gas. Cold brewing helps soften the acidity of the coffee to reduce heartburn or acid reflux discomfort. The nitro foam gives the coffee a smooth, rich and creamy finish without any milk or sugar making it the perfect vegan coffee drink if you are looking for something non-dairy.

Support a local coffee company rather than a chain retailer and jump start your day with a Nitro Cold Brew from Sail Away Coffee. Want to know where on Long Island you can find it? Click here.

If you didn’t want to drink coffee late to prevent a good night’s rest, beers from Montauk Brew Co., spiced rum from Sailor Jerry and whiskey from Cutty Sark were available behind the bar.

 

Liberty Links of Freeport served up delicious sausage sandwiches and an exquisite Duck Potato Salad.

 

The legendary Liege Waffle Co Food Truck from Deer Park, NY had cereal covered waffles to indulge your sweet tooth.

 

The South Shore Dive from Sayville, NY served up some serious pub grub including Buffalo wings and mac and cheese. Their Mac and cheese is made with sharp cheddar, blue cheese, goat cheese, a béchamel sauce and is topped off with toasted breadcrumbs.

 

Nawlins Seafood Company in Freeport had a big meaty hero that satisfied the coffee crowd.

 

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St. Patrick’s Day Bar Crawls on LI

The weekend is “crawling” and there’s no better way to enjoy the weekend than bar hopping. Huntington, Patchogue and Freeport are the places to be on Long Island if you’re looking for St. Patrick’s Day Bar Crawls. Get your green shirt ready and let the shenanigans begin!

5th Annual Huntington St. Patrick’s Day Leprechaun Bar Crawl

Date/Time: Saturday, March 10th-2-8pm

Location: Check in from 2-5 at the Huntington Village Tavern

378 New York Ave # 1

Huntington, NY 11743

Participating Locations: Christophers, Finleys, Nags Head, Huntington Village Tavern, Mary Carrolls & P & Q’s.

Tickets: $25 at LongIslandSocialEvents.com

Don’t miss the 5th annual St. Patrick’s Day Leprechaun Bar Crawl in Huntington, NY. Enjoy drink specials including $2 select beers, $3 well drinks and $4 select shots. Crawl for charity while raising money for MoRE, an organization dedicated to serving families and children affected by life-threating illnesses and trauma.

 

2nd Annual Patchogue St. Patrick’s Day Bar Crawl

Date/Time: Saturday, March 10th- 1-7pm

Location: Woodcleft Avenue, Freeport, NY

Participating Locations:

Fulton’s Gate Irish Pub 1- 2:30pm

124 E Main St, Patchogue, NY 11782

Village Idiot 2:30 – 4pm

8 E Main St, Patchogue, NY 11772

Gallo 45:30pm

3 E Main St, Patchogue, NY 11772

The Clifton 5:30PM – 7PM​

151 E Main St, Patchogue, NY 11772

Tickets:$25 LongIslandSocialEvents.com

Patchogue is a nightlife hot spot on Long Island, making it the ideal spot for the 2nd annual St. Patrick’s Day Bar Crawl. Score drink specials including $3 select beers, $4 select shots and $4 specialty drinks. This bar crawl also supports MoRE, a charity that raises donations for families and children with life-threating illnesses.

 

Nautical Mile Irish Day-A New Freeport Tradition

(on behalf of Island Harvest)

Date/ Time: Saturday, March 10th-12-8pm

Participating Locations: Elliot’s of Freeport, Braccos, Rachel’s Waterside Grill, Halfway Down, Riverhouse Grill, BREWSA, Jeremy’s Ale House and Freeport Water Taxi.

Hold your mugs up high and enjoy bottomless $3 green beers when you purchase a VIP Cup. The VIP cup is also good for selected mixed drinks and participating locations.

 

 

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Go Red for Women Luncheon

A sea of red filled the room at Crest Hollow Country Club for the Go Red for Women Luncheon. Survivors, doctors and Long Island men and women showed their support for the American Heart Association’s national movement to end heart disease in women.

Teresa Evans, Event Chairperson for the 17h Annual Go Red for Women Luncheon, turned pain into purpose after losing her father and aunt due to heart disease. Ginger Zimmerman, a motivational speaker and survivor of two heart transplants, advocated for women to listen to their body. Zimmerman said, “don’t worry about what someone is going to think, do what is best for you, you’re the one who has to make the decision and live with the consequences.” Choose a doctor who you trust that listens to you and understands your obstacles. Also, consider a doctor that encourages Integrated Medicine, a therapeutic approach to treating the whole person- body, mind and spirit to achieve optimal health and healing.

Several panels educated attendees about that latest finding in heart health. Research has shown there is an important tie between heart and brain health. “If it is good for the heart, then it is good for the brain,” said Dr. Richard Libman, a Neurologist at Northwell Health. Dr. Libman discussed how dementia is a general term for a deterioration in mental function and thinking that results in impairment in daily life. Alzheimer’s and stroke are the top two causes of dementia. Some prevention strategies include following the Life Simple 7. Number one on that list is checking your blood pressure. Normal blood pressure is now considered less than 120/80. Since this new benchmark, now 1 out of 2 people have high blood pressure or hypertension.

Dr. Libman also discussed signs of a stroke and the importance of getting help immediately. Did you know that a stroke can kill 1.9 million brain cells per minute? TPA (Tissue plasminogen activator), a clot removing drug, can now be given up to 4 ½ hour after a stroke, but timeliness is still vital. Catheters are also being threaded through an artery in the groin up to the brain to remove blood clots. Go Red supports the National Institute of Health Funding (NIH), the primary agency conducting trials and research to find treatments and cures for heart disease.

Go Red for Women is empowering women to live healthy lives since 80 percent of deaths from heart disease can be prevented. “Every small thing you do matters,” said Dr. Stacey Rosen, Vice President of Women’s Health for the Katz Institute for Women’s Health. Simple things like making mindful choices, saying no to things when you are stressed and avoiding the dirty dozen all help lower the risk of heart disease.

For more information about heart health or if you are interested in making a donation check out  GoReDForWomen.org

 

 

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Long Island’s 2018 Saint Patrick’s Day Celebrations

St. Patrick’s Day only comes around once a year, but there are celebrations all month long on Long Island including parades, bar crawls and other festivities where you can show your Irish pride. Here are some fun ways to get into the St. Patty’s Day spirit.

102.3 WBAB Presents Roger & JP’s 18th Annual Corned Beef & Chaos

Date/Time: Saturday, March 17th-1-5pm

Location: Stereo Garden

9 Railroad Avenue
Patchogue, NY 11772

Phone: 631-714-4486

Cost: Free Event

Join Roger & JP from WBAB as they host the 18th Annual Corned Beef and Chaos at Stereo Garden in Patchogue. Enjoy free corned beef and cabbage, limited edition t-shirts and Miller Lite for only $1.02. Rock out to the cover band 2U, play games and win fun prizes. Long Island’s own Scotty the Leprechaun will also be making an appearance.

 

St. Patrick’s Day Scavenger Hunt

Date/Time: Saturday, March 17th-10-2pm

Location: Suffolk County Farm and Education Center

350 Yaphank Avenue
Yaphank, NY 11980

Phone: 631-852-4600

Cost: $6

Get ready to hunt for the leprechaun’s pot of gold at the end of the rainbow! Go to the Suffolk Farm and Education Center’s for the annual Pot O’ Gold Hunt. The scavenger hunt also includes a wagon ride, refreshments and you can feed the animals on the farm. This is a fun way to celebrate St. Patty’s Day with the entire family.

 

Irish Comedy Night at Smithtown Center for the Performing Arts

Date/ Time: Saturday, March 17th- 8pm

Location: Smithtown Center for the Performing Arts

2 East Main Street
Smithtown, NY 11787

Phone: 631-724-3700
Cost: $40

Website: www.smithtownpac.org/theatre-schedule/special-events/irish-comedy

If you think leprechauns are funny, get ready to chuckle during Irish Comedy Night at the Smithtown Center for the Performing Arts. See some of the funniest comedians on Long Island this St. Patrick’s Day.

 

7-in-Heaven Spring Fling Dinner/Dance – St Patty’s Day

Date/Time: Saturday, March 17th-6:30-10:30pm

Location: Residence Marriot Inn (Terrace Room)

9 Gerhard Rd
Plainview, NY 11803

Phone: 631-592-9804

Cost: $44 in advance/ $49 at the door (*Cash Bar)

Long Island singles, don’t miss the Spring Fling dinner and dance on St. Patrick’s Day at the Plainview, Marriot. Enjoy a three course meal and green beer for toasting. Grooveline Entertainers will be playing upbeat, feel good songs so you can dance the night away.

 

LepreCon Long Island Irish Pride Bar Crawl in Farmingdale

Date/ Time: Saturday, March 3rd-12:00pm

Cost: $20 in advance/$25 at the door (this event is 21 and over)

Website: www.uniquebarcrawls.com/leprecon-long-island.html

Get ready for the hottest St. Patrick’s Day Bar Crawl on Long Island, Leprecon! Purchase a wristband and enjoy food and drink specials at the best bars and eateries on Main Street in Farmingdale. Locations include Library Café, Jade Palace, Croxley’s Ale House, Vintage Wine Bar, Blue Hawaiian Bar, Lithology Brewing, Daytona’s, Dark Horse Tavern and The Nutty Irishman. Proceeds benefit the Ashley Wade Foundation, a charity that raises money for children battling chronic illnesses. Admission will also get you into the after party and costume contest at The Nutty Irishman.

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Best Easter Egg Hunts on Long Island

Easter Sunday is a hop, skip, and a jump away. One of the best ways to celebrate is taking your children to a local Easter Egg Hunt. Enjoy collecting seasonal goodies, fun activities and you can even snag a photo with the Easter Bunny himself.

Here are some upcoming Easter Egg Hunts on Long Island

2018 Easter Egg Hunt in Northport Village

Date/Time: Sunday, April 1st-1pm

Rain Date: Sunday, April 8th-1pm

Location: Northport Village Park

Main Street, Northport, NY 11731

Cost: Free Event

Website: villageofnorthport.com/events

Be sure to wear your bonnet with all the frills upon it for the enormous Easter Egg hunt across Northport Village Park on Easter Sunday.

 

Long Island 2018 Easter Egg Hunt Babylon Village Chamber of Commerce New York

Date/Time: March 24th-11am-2pm

Location: The American Legion Hall in Babylon

22 Grove Place, Babylon, NY 11702

Phone: 631-669-0094

This Easter Egg Hunt is presented by the Babylon Village Chamber of Commerce. Be sure to register to find out where you can find clues to collect eggs. Return the tickets inside the eggs after the hunt for a chance to win some cool prizes.

 

Egg-Cellent Celebration

Date/Time: Saturday, March 31st

1 -2 pm (ages 2-4)

3 – 4 pm (ages 5-7)

Cold Spring Harbor Whaling Museum

301 Main St, Cold Spring Harbor, NY 11724
Cost: $12 parent/child pair and $4 per sibling

Website: www.cshwhalingmuseum.org/calendar.html

Go on an egg hunt inside the Whaling Museum and decorate a Faberge “style” egg, a lavish egg that was made for royalty and is covered with gold and jewels. If your children are into animals, stay and learn about egg-laying creatures and even see a carved Ostrich egg.

 

Easter Egg Hunt

Date: Saturday, March 24th

Rain Date: Sunday, March 25th

Time(s): 3 years & under -10:00 a.m.

4 year olds-10:30 a.m.

5 year olds- 11:00 a.m.

6 year olds- 11:30 a.m.

7 year olds- 12:00 p.m.

8 & 9 year olds-12:30 p.m.

Location: Long Beach Recreation Campus

700 Magnolia Blvd, Long Beach, NY 11561

(Recreation fields are located on Magnolia Boulevard and the Bay next to the Long Beach Ice Arena)

Website: www.longbeachny.gov

Bring your Easter Baskets and get ready for the Long Beach Annual Easter Egg Hunt. Kids in the same age groups will gather eggs together. Prizes will be awarded to kids in each age group.

 

LI State Parks Recreation

Date/Time: Saturday, March 24 at 12 PM – 2 PM (new hunt every 15 minutes)

Location: Belmont Lake State Park

Exit 38, Southern State Parkway, NY, North Babylon, New York 11703

Phone: 631-321-3510

Age: Children 9 and under

Cost: Free

Don’t miss the 25th annual Belmont Lake State Park Egg Hunt in Babylon. Egg hunts will be conducted every 15 minutes. The first egg hunt will begin at 12:15pm and the last hunt is at 1:45pm. There will also be a petting zoo, pony rides, inflatables, food vendors, games and much more. The Easter Bunny will also be there taking selfies with all the kids.

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Best Flowers to Plant for Spring

flowers

One of the most exciting parts of the end of winter is planting  flowers. To get a beautiful garden flourishing, you need to get started in spring. However, knowing what type of flowers to plant the beginning of spring can be confusing. Here are some flowers to get your green thumbs on, the moment the snow disappears.

Pansy
Since pansies prefer the cool weather, they can be planted after the snow has cleared. However, if you get a few flecks of snow, pansies can survive. Pansies grow best under the sun or in partly shaded area, and prefer their soil to be moist and well-drained. These flowers can grow up to be 10 inches tall and provide a refreshing bout of color.

Yellow Trillium
Yellow trilliums have rich green leaves spotted with silver and bright yellow blooms.Yellow trilliums will in bloom in April, but die out in June. They also prefer shady conditions and well-drained, moist soil. These flowers can grow up to 16 inches tall.

Hellebore
Often called Lenten Rose or Christmas Rose, since these yellow flowers grow well in cool conditions. Hellebore’s are resilient, elegant and can even survive the frost in the winter. On average, they are expected to grow up to 12 inches tall.

Bloodrot
Despite its garish name, bloodroots are actually quite innocent in appearance. They resemble daisies except they are white with little dots of yellow. They grow in March and their bloom lasts until the end of the spring. They grow in shaded areas and since springtime is not always sunny, they are perfect flowers for planting. Bloodrots prefer moist soil and can grow up to six inches tall.

Lilac
Whether you wish to grow a shrub or a tree, your lilacs will grow provided they are given plenty of sunlight and drained soil. Keep in mind, blossoms prefer to bloom on old wood, so do not to prune the tree or shrub until after the blossoms have died off. With its sweet smell and beautiful color, lilacs are the perfect cure after a dark and dreary winter.

Tulip
Tulips are one of the best flowers to plant in spring. The tulip comes in a plethora of colors to choose from and can grow up to two feet tall. For those who wish to have smaller tulips, there are several varieties available. With plenty of sunlight, these flowers are perfect for romantic settings or for highlighting a casual garden.

Grand Maitre Crocus
The beautiful, delicate purple flowers of the crocus heralds the end of winter and beginning of spring. Of course, there are other colors you can select from as well; including, pink, yellow, and white. In order to grow to a full six inches, the crocus requires full sunlight and well-drained soil.

Puschkinia
Puschkinias comes in different colors and once its petals open, its striped coloration is revealed. They grow the best in sunlight and partly-shady areas and can grow up to eight inches tall and six inches wide.

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How the New Tax Plan Will Affect You

United States President Donald Trump signed into law the Tax and Jobs Cut Act last December 22, 2017. The law’s provision reduces the corporate tax rate from 35 down to 21 percent beginning this January. It also decreases individual tax rates to 37%. In essence, the Tax and Jobs Cut Act achieves three goals:

  • Cuts down income tax rates
  • Multiplies standard deductions by two
  • Eliminate personal exemptions

The corporate cuts become permanent. Individual amendments terminate by the end of the year 2025. Millions of American citizens have conflicting opinions and comments about this piece of legislation. However, some people see the most significant revision of the US individual and corporate tax system in the last three decades in this perspective. It provides massive tax reductions to developers, banking institutions, and the oil sector thereby promoting more the interests of business owners.

Tax Classifications and Standard Deductions

This legislation maintains the seven income tax categories but reduces the tax rates. The workforce can view adjustments in withholding taxes on their February wages. The 2017 rates revert to the original tariff in 2026. The deduction of an individual (Single Category) multiplies from only $6, 350 to $12, 000. For married couples and joint filing, the figures increase from $12, 700 to $24, 000.

You can expect more than 90% of taxpayers to opt for the average deduction which goes back to the present level eight years from today. However, reports pointed out that the National Association of Realtors, as well as the National Association of Home Builders, opposed this law. Fewer consumers will adopt the mortgage interest cutback by taking on the standard deduction. It lowers housing costs although the real property market remains in a bubble (run-up of prices) that could lead to a probable meltdown.

Personal Exemptions

The Tax and Jobs Cut Act abolishes personal exemptions. Before the passage of this statute, taxpayers took away $4, 150 from income for every claim. Henceforth, households with many kids pay higher taxes notwithstanding the augmented standard deductions. This latest enactment gets rid of nearly all itemized deductions including relocation expenditures. Only members of the United States armed forces remain exempted. You can no longer subtract payment of child support, but recipients can still deduct the alimony. Divorces granted this year can avail of the deduction beginning 2019.

This decree maintains deductions for interests in student loans, charitable donations, and individual retirement savings. It puts a cap on cuts for mortgage interest to the initial $750, 000 of the investment. You can no longer withhold interest on lines of credit for home equities. Nonetheless, the ruling does not impact Americans with existing mortgages. At the same time, taxpayers can now deduct a maximum of $10, 000 in local and state taxes. As a taxpayer, you must choose between the property, sale, or income taxes.

The law rescinded the Obamacare tax for citizens who do not have health insurance coverage in 2019. According to the Congressional Budget Office, around 13 million Americans will discontinue their plans without the authorization. The government, in return, saves about $338 billion as it will no longer answer for subsidies. However, health care expenses will inevitably increase with fewer people getting the necessary preventative care. Finally, the Tax and Jobs Cut Act boosts two times property tax exemption to $11.2 million for single taxpayers and $22.4 million for spouses.

Perceived Effects of the Act

Popular opinion of many Americans indicates that the redrafting of the United States Tax Policy favors enterprises more than the ordinary citizens. Business tax cutbacks become permanent. Individual reductions last only up to 2025. The decree boosts high-income families more than those belonging to the lower and middle-income groups. It makes the country’s growing income tax more in reverse. Taxpayers with the highest earnings benefit most from reduced tax rates.

The rise in the standard deduction favors roughly six million taxpayers (47.5% of people who file income taxes). It does not cancel out lost deductions. In fact, the Congressional Joint Committee on Taxation stated this law raises the shortfall by $1 trillion during the next ten years. At the same time, it increases growth by 0.7% every year and reduces a portion of the revenue loss from the $1.5 trillion tax decreases. Meanwhile, the Tax Foundation asserted the Act adds nearly $448 billion to the shortage over the next decade (2028).

According to officials of the United States Treasury, the legislation generates approximately $1.8 trillion in additional earnings with an estimated growth of 2.9% annually on the average. The government agency’s report assumes the government will implement all stipulations in President Trump’s program. The bearing on the country’s $20 trillion national debt will go beyond projections.

An upsurge in sovereign debt dulls economic progress in the long-term. Investors consider this development more as a tax increase on future generations. A World Bank study discovered each percentage point of arrears costs the United States around 1.7% in growth. Many conglomerates affirmed not using tax reductions to create employment opportunities for the jobless. Ironically, the corporate tax cuts will not generate opportunities and only increase stock prices.

The truth remains. Hefty tax cuts must benefit the working middle class who will most likely spend every cent earned. Rich people use these deductions for investments or savings which boosts stock markets but fail to spur demand. Tax cuts for the middle class produce more jobs. The most effective remedy for unemployment should be government spending that will develop infrastructure and create work opportunities directly.

This new version of the Tax and Jobs Cut Act restricts the capacity of private corporations to minus interest expense at 30% of income. From 2018 up to 2022, salary depends on the principle of Earnings before Interest, Tax, Depreciation, and Amortization (EBITDA). The move makes it more costly for financial entities to borrow. Corporations will refrain from issuing bonds and reacquire their stocks. Stock prices will likely decline, but the threshold or cutoff point generates earnings to settle other tax breaks.

Now that you have read through the ins and outs of the Republican tax law, you can decide if it favors the majority of the American people or not.