The numbers are what they are. The “Working class” people are getting tax cuts. The democrats are claiming ALL the cuts go to the rich. Well, the rich pay the most in taxes, so they probably will get pretty good tax cuts, but so will the 90 some odd percent of us who aren’t rich.
Yes, the numbers are what they are but both examples look like 1040EZ taxpayers. Higher income ($100-$300K/year) use Schedule A itemized deductions which is where this “tax reform” starts to look ugly.
These people aren’t “rich”. My daughter lives in CA, married, two small children, works her ass off for 15 years as a CPA, median home value in her market us $780K, husband teaches school, and because of SALT and mortgage deduction she is likely going to pay more taxes. Just sayin’.
PS: we don’t know what the final bill will do with SALT
