Here's the new tax brackets in case you're wondering.

For married couples filing jointly, here’s how the proposed rates work out under the GOP tax bill:

New Rate New Income Bracket | Old Rate Old Income Bracket
10% Up to $19,050 | 10% Up to $19,050
12% $19,050-$77,400 | 15% $19,050-$77,400
22% $77,400-$165,000 | 25% $77,400-$156,150
24% $165,000-$315,000 | 28% $156,150-$237,950
32% $315,000-$400,000 | 33% $237,950-$424,950
35% $400,000-$600,000 | 35% $424,950-$480,050
37% $600,000+ | 39.6% $480,050+

***Correct me if I'm wrong but it appears that literally everyone is getting a tax break except for couples who earned between 400k-424k. They were in the 33% bracket previously and now will be in the 35%. Everyone else has a lower bracket now. (Am I looking at that correctly?)



For Single Filers:
New Rate New Income Bracket | Old Rate Old Income Bracket
10% Up to $9,525 | 10% Up to $9,525
12% $9,525-$38,700 | 15% $9,525-$38,700
22% $38,700-$82,500 | 25% $38,700-$93,700
24% $82,500 – $157,500 | 28% $93,700-$195,450
32% $157,500-$200,000 | 33% $195,450-$424,950
35% $200,000-$500,000 | 35% $424,950-$426,700
37% $500,000+ | 39.6% $426,700+

**Same basic deal for singles, higher incomes around 157k+ get a slight increase, everyone else gets decrease.