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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    1. The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

      The GOP tax bill would collapse the current seven individual tax brackets into four: 12%, 25%, 35% and 39.6%. http://on.wsj.com/2zrtOQ6 pic.twitter.com/1jRiOhQwTx

      47 replies 190 retweets 199 likes
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    2. The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

      For individuals, those break points are $45,000, $200,000 and $500,000. http://on.wsj.com/2A0cIoQ pic.twitter.com/INfSdbIvVU

      11 replies 60 retweets 59 likes
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    3. The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

      For married couples, the 25% rate starts at $90,000, the 35% rate starts at $260,000 and the top rate starts at $1 million.pic.twitter.com/AIDOgJpuFl

      17 replies 65 retweets 66 likes
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    4. The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

      The new bottom tax rate covers more income than current 10% and 15% brackets do, meaning lower taxes for many middle-income households.

      18 replies 45 retweets 69 likes
      Show this thread
      The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

      Many upper-income households could face a higher marginal tax rate under the bill, which pushes some from a 33% bracket into 35%.

      9:12 AM - 2 Nov 2017
      • 33 Retweets
      • 55 Likes
      • Niyati Bhanja tween the hedges Iswana BosBiotech MAGAbucks OLEG KOCHIEV Luke DelVecchio 🏳️‍🌈🌊 Christina Hon. Kerika Vincent
      17 replies 33 retweets 55 likes
        1. The Wall Street Journal‏Verified account @WSJ 2 Nov 2017

          You can follow our live coverage of the GOP tax bill here:http://on.wsj.com/2zr5D4n 

          19 replies 13 retweets 29 likes
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        1. john Mitchell‏ @j_r_mitch 2 Nov 2017
          Replying to @WSJ

          This is deceiving, this is upper-middle, not high income people. Hope all you WSJ people based in NY enjoy not deducting state income tax!

          0 replies 1 retweet 3 likes
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        1. Escaped from L.A. with Zombies‏ @stucknLAwzmbies 2 Nov 2017
          Replying to @WSJ @BearingTruth

          But some of what they make below the margin might get taxed less, so really depends how much they make over the margin.

          0 replies 1 retweet 1 like
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        1. Common Sense #1‏ @PleaseThink1776 2 Nov 2017
          Replying to @WSJ

          With more deductions for rich means they keep more.

          0 replies 0 retweets 2 likes
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        1. Brian Meincke‏ @bmeincke 2 Nov 2017
          Replying to @WSJ

          Hits the pockets of many two-income families that wouldn't consider themselves upper-income households - just middle class!

          0 replies 0 retweets 1 like
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        1. New conversation
        2. newbie‏ @saavyhomebuyer 2 Nov 2017
          Replying to @WSJ

          Bill is really hard on middle class in high cost states. What's the mortgage on a $1m shoebox in SF, LA, NY. Why punish most productive?

          1 reply 0 retweets 2 likes
        3. 2 more replies
        1. J D Phillips LCSW‏ @JazzDad55 2 Nov 2017
          Replying to @WSJ

          When GOP says they must cut taxes before the election because of their base they mean the rich oligarchs, not workers.pic.twitter.com/yPS8eOuXD0

          0 replies 0 retweets 1 like
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        1. Ulysses S. Rant‏ @gettysburglar 2 Nov 2017
          Replying to @WSJ

          And we tend to live in Blue states w income tax, so really stoked to pay more taxes. Thanks Don. Glad your family gets to benefit.

          0 replies 0 retweets 1 like
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        2. Anita Miller‏ @Anita76034372 2 Nov 2017
          Replying to @WSJ

          Remember when Obama wanted rich people to pay their fair share? Well, now that will happen!!!

          1 reply 0 retweets 0 likes
        3. newbie‏ @saavyhomebuyer 2 Nov 2017
          Replying to @Anita76034372 @WSJ

          Bill is really hard on middle class in high cost states. What's the mortgage on a $1m shoebox in SF, LA, NY. Why punish most productive?

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. HI_McDonaugh‏ @HI_McDonaugh 2 Nov 2017
          Replying to @WSJ

          2-3% differential for most brackets, but a hefty double digit break for most companies and the wealthy. It's a tax cut for the rich.

          1 reply 0 retweets 1 like
        3. Tweet unavailable
        4. HI_McDonaugh‏ @HI_McDonaugh 3 Nov 2017

          Well, the corp tax rate is dropping 35-20 double d, and the estate tax and AMT are eliminated. Bounces you to over a 10% cut. I am jealous

          0 replies 0 retweets 0 likes
        5. End of conversation
        1. BMC‏ @miz_champ 2 Nov 2017
          Replying to @WSJ

          Hope the new credits balance out the no-tax cuts for the upper middle class.

          0 replies 0 retweets 0 likes
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        1. Anita Miller‏ @Anita76034372 2 Nov 2017
          Replying to @WSJ

          Remember when Obama was saying that the rich had to pay their fair share, well, now they will!!!

          0 replies 0 retweets 0 likes
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        1. MHS 🇺🇸SuperElite‏ @MHSAgt355 2 Nov 2017
          Replying to @WSJ

          @GOP Your tax plan sucks!

          0 replies 0 retweets 0 likes
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        1. James Reece‏ @bbigjim007 2 Nov 2017
          Replying to @WSJ

          At that rate you have lots of write offs

          0 replies 0 retweets 0 likes
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        1. Jennifer Bragg‏ @jenniferpbragg 2 Nov 2017
          Replying to @WSJ

          Yes!!! NO GOOD!! We can't afford to pay more and we are NOT THE RICH in America!!! @CGasparino only one talking about it!!

          0 replies 0 retweets 0 likes
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