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To: af_vet_1981

According to some charts, taxpayers earning $90K-$140K will not have a reduction in tax rates, but will have higher taxable income as a result of eviscerated deductions.

Fake news

Jim Robinson posted a link to a Tax Reform calculator that shows what your tax would be under the proposed plan.

Well Mine went up! I only make 67,000 no kids married filing joint. Retired no mortgage.


53 posted on 11/06/2017 10:52:18 PM PST by Davy Crocket
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To: Davy Crocket
67000 - 24000 standard deduction = 43000 taxable income at 12% bottom rate for an effective tax rate of 8%

What rate do you have now ?
79 posted on 11/07/2017 6:08:45 AM PST by af_vet_1981 (The bus came by and I got on, That's when it all began.)
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