details on trump tax code changes are out
mite b cool
>>1778519
Honestly I think it'll work. Any money that doesn't get taxed immediately goes into the economic machine because Americans are retarded and love spending money. Good times ahead. At least if you're on the selling side and not the buying side. Then everything'll be normal except you'll spend on more shit.
>>1778519
>1778519
hmmm, middle class getting rekt while 150k'ers hardly have a jump in their bracket. Bleh.
WOW! I'll get a WHOLE FIVE PERCENT TAX CUT!!!
People currently in the 25-28% tax bracket are getting hosed and people who make the most money are catching the biggest break.
Gotta drain that swamp! Gotta rebuild the middle class, right? 8^)
>>1778570
5-8% on 100k is 5-8k savings a year on that bracket. why are you complaining?
>>1778519
How does one qualify as head of household exactly?
>>1778519
working/ lower middle class gets fucked again
nothing new here.
>>1778591
>> Took me less than five seconds...
To use the Head of Household filing status, a taxpayer must: Be unmarried or considered unmarried at the end of the year. Have paid more than half the cost of keeping up a home for the tax year (either one's own home or the home of a qualifying parent)
>>1778625
And you must have a dependent too that lived with you for at least half of a year.
>>1778625
Well that's dumb. If my wife isn't working then why does a head of household get a better tax bracket when we are basically in the same situation?
>>1778635
This is to help out the single parent more than anything.
And married filing status > head of household status purely from a fiscal viewpoint.
entire pdf is here
https://assets.donaldjtrump.com/trump-tax-reform.pdf
well if this goes through Ill just dump every dollar in my check into a health saving account, and 401K until I am in the 0% tax bracket. They better act quick and pass this shit.