If Trump’s new tax plan passes and you make $500,000 a year, you’re about to get screwed

  • Households making between $200,000 and $500,000 could be the biggest “losers” of the Senate Republicans’ tax reform plan.
  • About a quarter of those households would pay more in 2019.
  • Fewer households with income over $1 million would pay more — of those, only 18% would see a tax increase in 2019.

Households making between $200,000 and $500,000 might be the biggest so-called “losers” of the Senate Republicans’ recently released tax reform plan.

Check out the full report at the Wall Street Journal »

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