Tax Plan (Trump & House GOP) Updated in September - Few Notice

A slight tweak to Trump's plan (maybe more than slight), and with respct to pass through, now only applying to corporation that "want to retain profits." Some other areas n the personal side as well.

But the latest House GOP plan does still reference a cap on pass through at 25%. No mention of retained earnings. So it seems someplace between 15% and 25% for pass through is likely.

Impact on federal revenue (depending on which source, and whether it is "fake news") as high as $2.4T.

Best realistic guess of actual impact is a hybrid between the House plan, and Trump plan (latest variation) and would project growth, is between $200B and $350B.

I would assume a lot of people on here would be interested in the personal rates, increased personal deduction and pass through portions, but when I've brought this up before, few seem interested.

This really started in August, and more in September. One guy on here (a Libertarian) brought up the pass through changes, but based on his posts two things were clear, he was trying to troll, and based on his references to FTE's, he had no idea what he was talking about.

Anyway, I would think a bunch of people will be going from a personal rate of 28% to 25%, with less taxable income being due to a variety of things.

Personally, I don't understand why single people continue to be treated unfairly with respect to taxable income and rate structure, but there must be some logic to it as everyone seems to continue tax proposals that do this.

No links to Tax Policy Center and other places that only seem to make projections that are accurate after the fact. This is all based on comments from Trump Cabinet hearings, updates to Trump's web-site, the House GOP plan, WSJ, Forbes etc.