I understand that the tax brackets will lower for working class, but unless there has been a rewrite, the claimable property tax will be capped at 10k and the mortgage premiums cannot be claimed, which will offset the potential 28% to 24% tax bracket for those making 75k or more. Since I make more, but certainly not much, and I’m from the East Coast, I’ll break even if I’m lucky. My cousins are Trumptards and are furious with this tax plan. Read more, you’ll find the breaks for multi-millionaires and corporate tax breaks. Read up what economists say about it as well and the 1.5 trillion it’ll add to the deficit then get back to me with your findings.
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