ST Alpha - "Here are the Senate vs House brackets which are actually quite different (who knows what the final will look like) -- (link)" (Reading a Post)

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In response to "This article has the Senate brackets -- (link)" by ty97

Here are the Senate vs House brackets which are actually quite different (who knows what the final will look like) -- (link)

Posted by ty97 Dec 2 '17, 09:29

(No message)

https://www.cnbc.com/2017/11/17/how-the-senate-and-house-tax-brackets-compare.html (www.cnbc.com)

Responses:

Where is spamlet when we need him? - ReluctantCynic Dec 2, 10:54 3
- I wonder if he ran off to Atlanta for the weekend too? -- nm - ty97 Dec 2, 11:14 2
  - I'm not sure that Atlanta would be far enough for him. -- nm - ReluctantCynic Dec 2, 11:26 1
    - off to KL again it is! -- nm - ty97 Dec 2, 11:26
A simple basic question not answered by any of these articles: when would this take effect for individuals? -- nm - Max Dec 2, 09:35 1
- I believe ST told me 2018 tax year for individuals (so the taxes you fill out in early 2019) -- nm - ty97 Dec 2, 09:57
Those Senate brackets sure do look like a "most" to me. -- nm - Strongbad Dec 2, 09:31 8
- We just talked about this. -- nm - David Dec 2, 10:11 3
  - WaPo is a "garbage website" now? -- nm - Strongbad Dec 2, 12:17 2
    - You're giving into your lesser demons. You know precisely what this tax deal is. -- nm - David Dec 2, 13:55 1
      - Since the final bill hasn't been released, I'd argue nobody does. -- nm - Strongbad Dec 2, 14:20
- If taxable income remains the same sure, but considering the other changes, it won't for many people. - ty97 Dec 2, 09:54
- The key is what deductions are in use. - Will Hunting Dec 2, 09:32 2
  - Yeah, the difference between the marginal rate and effective rate will be key. - TWuG, neck model Dec 2, 10:34 1
    - It's the very common mistake people make. They see the brackets and think that defines everything. - ty97 Dec 2, 10:42

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