The Washington Post and the New York Times offer easy-to-use tools for estimating how much you will save in taxes in 2018: Click here to use the NYT tax savings estimator, or click here to see what the Washington Post estimates your tax savings will be next year. NOTE: Both graphs distinguish between tax decreases and increases using colors. Note the overwhelming amount of green (people who will save money) compared to the limited areas of pink (people who will pay more). This is a good visual to demonstrate that the overwhelming number of U.S. taxpayers will receive a tax break under the new law. … [Read more...]
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