2017 Tax bill update

I use this blog to track items missed by the 2017 new tax bill, which were approved by GOP congressmen and senators without even reading the whole bill. Check back to see any new update.


New GOP tax bill

It appears that people taking standard deduction and having more dependents would save more. Unfortunately, the chart shows tax “cut” as “positive” numbers on the right side and tax “increase” as “negative” numbers on the left side. This is the only major problem of the article’s infographic. People would normally read increase towards right and decrease towards left.

Reference: Looking beyond ‘typical’