I was correcting the figures, in a post, made by someone who hasn't read this proposal.
The proposal can be found via a link on DRUDGE and those were the figures I quoted.
So.....posting facts, sans any "FEELINGS", now makes one an anti-Trumper, does it? And this from a Cruzombie?
GO READ THE DETAILS !
Learn something about taxes.
There are two parts to tax exempt income. One is the personal deduction, which applies to every person in the tax household. For a married couple with no kids, that would be 2. The exemption is currently (2016) worth $4050/person, thus $8100 total.
The standard deduction in 2016 was $12,600. If doubled, it would go to $25,200.
“The Post said the level of Trump’s proposed standard deduction couldn’t be ascertained but people briefed on the plan said it would be significantly higher than the existing deduction of $6,300 for individuals and $12,600 for married couples filing jointly. “
“The existing standard deduction Americans can claim is $6,300 for individuals and $12,600 for married couples filing jointly. The precise level of Trump’s new proposal could not be ascertained, but it was significantly higher, the two people said, who spoke on the condition of anonymity because the plan has not yet been made public.
During the campaign, Trump proposed raising the standard deduction to $15,000 for individuals and $30,000 for families.”
“GO READ THE DETAILS !”
Sounds like the details are not available yet. But this disgusting “Cruzombie” isn’t panicking, so why are you? I’m tired of whiny, hyperventilating people attacking Trump without having even seen his plan.