I'm so confused. I thought Trump wasn't going to sign the tax bill until 2018 to avoid making some of the consequences obvious until after the midterms. Is this some new ploy or just incompetence?
What will W-2s look like in 2018? If the deduction structure leads to less withholding (but also smaller refunds when they file in 2019), that could be a positive for the midterms.
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I think this is right. For a decent number of folks withholding will be down in 2018 and their standard deduction will he higher, so the tax bill will initially look better. Health care + other formerly-deductible expenses may take more time to be accumulate + be obviously worse.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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