see a cut from 35% down to 20%. that s similar to the house tax plan. the main difference is that the reduction wouldn t kick in until january 2019. that s a dechparture from president trump s initial demands. and the salt write-off ends under this senate bill. particularly property owners in high tax usually blue states like california, oregon, wisconsin and maryland, they could see a rise in their federal tax bills starting on january 1st. when it comes to tax cuts, congress non-partisan joint committee on tax says 60% of americans at least a tax cut of $100 in 2019. the gop plan individual tax cuts set to expire by 2026, while corporate tax cuts are permanent. that s a budget gimmick designed to keep the sticker price under $1.5 trillion. the congressional budget office estimates american families