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re: Ryan tax plan would cut taxes on rich and RAISE THEM on middle class - WaPo

Posted on 3/28/17 at 9:46 am to
Posted by redfishfan
Baton Rouge
Member since Oct 2015
4425 posts
Posted on 3/28/17 at 9:46 am to
quote:

You have to make under 15k for single or 30k for middle class?


No the current standard deduction for a person filing by themselves is $6300. Trump wants to increase that to 15k. For a couple filing jointly the current deduction is $12600. Trump wants to up that to 30k. That means middle class tax payers save money by not having as much taxable income. You follow?
This post was edited on 3/28/17 at 9:51 am
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