Consumer Reports:
Among the winners: Taxpayers who take the standard deduction. About 70 percent of Americans fall into this category. A near doubling of that deduction to $12,000 for individuals, $18,000 for heads of household, and $24,000 for joint filers—combined with some more generous tax brackets and rates—would mean less tax taken from most individuals’ and families’ paychecks, according to multiple analyses.
Dec 18, 2017
The New Tax Bill's Winners and Losers. Merry Christmas if you take standard deduction
Posted by glen loyd at Monday, December 18, 2017
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