Why r they raising the rate on those making less that 20k. Under 20k rate should be 0%.
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Because ...biggest tax cuts ever, for everyone... Did I fool you?
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Interesting to see that the only tax rate that goes up is for those who can least afford it.
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Uhh. You missed a spot.
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This gives the super rich a huge tax break and the people that make between 75,000 to 1,000,000 get screwed. Why?
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What about single filers?
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Republican’s plan is a scam. I say, cut the federal income tax withholdings by half, and leave everything else exactly the same.
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Increase corporate tax rate
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This reform gives completely different meaning to "get rich or die trying".
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Doesn't explain it until you include the middle class deductions and IRA benefits they're erasing.
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The lowest income hit with a 2% hike. Trickle down?. The mid and up mid will see their tx reduction evap with elimination of key deductions
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This is the worst chart ever.
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Based on this chart, my wife and I would get no tax cut at all. At the 90K-100K level, we'd still be at the 25% we are at this year.
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Isn't that considered middle class? The class Trump says gets a "huge tax relieve"?
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Barely middle class depending where you live, considering $72k is considered low income where I live.
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also removes current tax deductions like college interest, medical expenses, state/local taxes, personal exemptions, head of household, AMT
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