Quote:
Originally Posted by champstark
as discussed earlier, the trump tax plan is to get to 3 brackets, raise SD, but cut all other credits
so sure, you might get a higher standard deduction, but you are going to lose the child tax credit, earned income credit, student interest deduction, etc, you see where this is going.
Also, head of household would be gone, you are either married, or single.
Basically, imagine a black single mom with 4 kids, imagine what will **** her over the most in regards to tax reform;
thats what Trumps plan will be