You’ve probably been hearing a lot about the Trump tax cut plan.
But let’s be honest….all any of us care about is what it means to us personally!
Here's the Breakdown
Business Insider just published a thorough breakdown, which you can read here.
The main summary table looks like this:
Estimated Savings:
If you can't read that, it breaks down like this:
- $25,000 salary: estimated annual tax savings of $178
- $75,000 salary: estimated annual tax savings of $2,028
- $175,000 salary: estimated annual tax savings of $4,239
Of course there are hundreds of other variables, but this at least gives you a starting point.
So how do you feel about an extra $2,000 or $4,000 in your pocket?
Good move, or not big enough? Â
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