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https://www.taxact.com/support/25165/2018/tax-cuts-and-jobs-act
This bill amends the Internal Revenue Code to reduce tax rates and modify policies, credits, and deductions for individuals and businesses. With respect to individuals, the bill: replaces the seven existing tax brackets (10%, 15%, 25%, 28%, 33%, 35%, and 39.6%) with a different seven brackets (10%, 12%, 22%, 24%, 32%, 35%, and 37%),
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https://www.atr.org/senators-should-support-tax-cuts-and-jobs-act
The Tax Cuts and Jobs Act provides tax reduction for Americans of every income level. The Senate bill doubles the standard deduction to $12,000, or $24,000 for a family. About 70% of filers – or 105 million individuals and families currently take the standard deduction, and these families would see strong tax reduction.
https://www.theguardian.com/commentisfree/2019/jul/05/labors-support-for-tax-cuts-is-an-unfathomable-betrayal-of-principle
Jul 04, 2019 · Labor's support for tax cuts is an unfathomable betrayal of principle Van Badham. What is Labor afraid of? Appeasing Liberal party policy merely allows them to legislate their madness without ...Author: Van Badham
https://www.purposedrivenlawyers.com/tax-reform-2018-and-alimony/
Tax Cuts and Jobs Act and Alimony After 2018 Under Trump’s Tax Cuts and Jobs Act , alimony (aka spousal support) will no longer be tax deductible to the payor, or taxable to the recipient. This provision would affect all divorce and separation agreements signed after December 31, 2018.
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