How to know if tax reform helps you
How to know if tax reform helps you
To the Editor:
The Big Slash Corporations drop from a rate of 35 percent to 20 percent. (The big secret, corporations only average about 12 percent anyway due write offs)
The Big Bonus – Wealthy families’ get a big drop since there will be no inheritance tax. (anyone with less than a couple million bucks had no inheritance tax anyway)
The Little Crumbs The rest of us who probably vary from about 1 percent to 3 percent depending on our personal situations. But believe it or not, many will actually pay more.
The Disastrous Downside The deficit doesn’t go down, it goes up!
The Unfortunate Conclusion – The swamp wins again.
Tom Merrill
Fort Myers Beach