Does anyone really believe the 12% bracket will reach up to $150K?
Because if it does not there are millions who now itemize who already KNOW they are screwed.
The math is not that complicated and nuanced is simple if you do your own taxes.
If you’re over $100k and under $250k and itemize you will send more money to DC under this plan.
As certain as the day is long.
Absolutely true.
So they’re still eliminating personal/dependent exemptions?
Man, I really hope you are wrong.
Pure speculation.