I just did the calculations, since we decided to go Galt and quit supporting the fascist beast.
Between 2 personal exemptions and the standard deduction, we can have an Adjusted Gross Income of about $20,000 and have very little taxable income. Trump’s plan increases that to $50k for 2 people..
“Between 2 personal exemptions and the standard deduction...”
How do you know the persomal exemptions and standard deduction will stay in there? If it doesn’t, I would pay much more than I do now.