With the removal of the personal exemption , it looks like that are going for a large family penalty. And which party’s members are more likely to have large families?
“With the removal of the personal exemption , it looks like that are going for a large family penalty. “
My wife and I will be hit with an additional $8,000 in taxable income. Don’t know the tax brackets yet but that is at least a $2,000 tax hit!