In 2012, the people of Missouri's 2nd Congressional District sent me to Congress, and I promised them that I would find a way for families to keep more of their hard-earned money.
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Most importantly—after 30 years of a ballooning tax code—this historic tax reform sets the stage for American families and our economy to prosper.
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Have you met your replacement? .
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And removes personal exemptions pretty much zeroing out all the benefits of child tax credit and standard deduction.
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Nick, I have 5 kids, 3 in college and 2 in HS. I lose $28,350 in personal exemptions and I only get the child care credit for 1 yr. With the elimination of SALT I can’t itemized anymore and those deductions were >24k. Large families will get hosed.
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