Not much, no. I'm losing deductions for state and local income taxes, property taxes, the $4050 personal deduction, and probably the deduction for any contribution I make to my 401k over $2400. In return I get $6350 increase in the standard deductions. The deductions I lose are far greater than $6500. My taxable income goes up.
Does that make sense to you?
No
And there isn’t even an actual bill yet.
Hang in there.