December 19, 2017

CNBC: Here’s How the Final GOP Tax Bill Would Hit Your Wallet

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Your odds of being hit with a bigger bill depend on a number of provisions in the more than 500 pages of new rules. To better show the impact of these factors, analysts at the Institute on Taxation and Economic Policy crunched the numbers and came up with an estimate of how individual households may fare under the new rules.

 These estimates aren’t definitive. The new rules are so complex that two taxpayers in the same neighborhood with the same household income could see very different tax bills. But numbers provide a broad look at where the burden of the tax changes will fall. Read more

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