Posted by Opie2 on April 29, 2017, 1:40 pm, in reply to "Re: Trump Tax Cuts"
Lisa, I haven't seen the entire tax cut plan. The information I posted was actually from a CNN report. The bracket you mention is an important one because it's generally one that is left to fend for themselves. I hope we see some help to that group through a better economy. Perhaps if we get more people back to work and the corporate world starts investing again, some form of tax relief will come to the 50-75 group through local tax reduction.
I'll see if I can find the link to his whole plan. Keep in mind, it will still have to pass in Congress.
A family earning 75K should be in a financially stable state. However, those folks also need decrease costs in health insurance, interest rates, etc... If the first quarter is an indication, the economy is starting to ignite.