whocares1970 | (no subject)

Trump's tax reform has cleared both the House and the Senate, back to the House today for the final vote, this should be a mere formality.

Here is a calculator to see what will it mean for you personally:
http://www.foxbusiness.com/politics/2017/12/19/tax-calculator-what-tax-reform-means-for.html
There is also a link here to calculate what would happen with the current (2017) rules:
https://www.moneyhelpcenter.com/taxes/calculate/2017-federal-income-tax-calculator/
It looks like there will indeed be significant savings for middle class families with this final version.

BTW, for those who care, graduate tuition wavers remain non-taxable,

Oh, and one more thing - do you remember how the Republicans were a party of 'No', how they refused to cooperate with Obama and blocked any legislative developments, and how this was oh-so-terrrrrible? Not a single Democrat voted for this bill, either in the House or in the Senate:
https://www.nytimes.com/…/pol…/tax-bill-house-live-vote.html
https://www.nytimes.com/…/po…/tax-bill-senate-live-vote.html

Does this Democratic obstructionism cause any concerns among those who vote for the Dems? Or is Trump so bad that all and any resistance is justified? Just curious.

UPD: Here is a different and more convenient calculator:

http://taxplancalculator.com/calc