Barf alert - expect this is left wing bogus puff.
One key - "But Lily Batchelder, a visiting fellow at the Tax Policy Center and former deputy director of President Barack Obama's National Economic Council, estimates that roughly 7.9 million families with children would pay higher taxes under his proposals. About 5.8 million are led by single parents. An additional 2.1 million are married couples."
“...Trump’s plan to eliminate the personal exemption and the head-of-household filing status.”
That would be long overdue.
TPC is funded by individuals, corporations, trade groups, and foundations including the Ford Foundation, the Bill and Melinda Gates Foundation, and the Rockefeller Foundation.[21]
And THERE we have it, folks.
Totally biased, nonsensical BS.
The rich aren't going to receive a "windfall".
Those of us who pay the bulk of all income taxes will be "allowed" to keep more of OUR OWN goddamn money.
Isn't that SOOOO generous?
I'm in the top half of income tax payers, making more than 35K per year, which amounts to 95% of all taxes paid.
Why the hell doesn't everyone contribute?
I sure as $hit don't use 95% of road maintenance and police services costs, let alone welfare.
But for those of you who do, you're welcome.
Glad you can skate on the "freebies" I'm paying for.
Trump's plan will likely evolve during congressional negotiations before it becomes law.The Head of Household designation is helpful for people who have children or disabled dependents."This is not anywhere close to a final plan," Williams said.
The EIC needs to be looked at very carefully. It gives a lot of money to those that pay no taxes.
Many are not even citizens of the USA.
All i know is that the taxfoundationdotorg indicated on their website that Trump’s plan “Increases the standard deduction from $6,300 to $15,000 for singles and from $12,600 to $30,000 for married couples filing jointly.” This makes me very happy. I make about 50,000 a year gross and I will pay considerably less taxes.
Go to their site and make sure you are looking at Trump’s tax plan from this year and not last year when he announced his tax plan. It has changed quite a bit.
The simple reason why taxes go up is because wages/incomes go up. That’s probably an inconvenient truth.
I just so hope I don’t regret voting for Trump. I do not regret voting for McCain or Romney.
FAKE NEWS! GET YER FAKE NEWS HERE! OBJECTIVE LIBERAL HIT PIECE SAYS TRUMP WILL TAX LITTLE OLD LADY DOG FOOD AND GIVE FREE CAVIER TO WEALTHY. READ ALL ABOUT IT! TRUSTED HONEST LIBERAL FAKE NEWS! GET YER FAKE NEWS NOW!
MORE Fake News... HEHHEH