Florida here, I'm going be paying $4000 ish less in taxes. I hope the tax bill lands and is put to practice quick!
People who make over $200k aren't getting as big a tax break? I don't feel bad about that.
People who make over $200k aren't getting as big a tax break? I don't feel bad about that.
According to the CBO, people who make less than $75k get a tax increase by 2027 (on average). People who make between 75K and 500K get a very small tax deduction on average. Blue state residents get a tax increase almost across the board at >200K<1M. Almost anyone who makes more than a million a year gets a sizeable tax deduction.
Because that's when the cuts expire. Incredibly dishonest framing here.