threshold this starts at. there s not a lot of information about the number of lower brackets, rates or income thresholds. all in the bill. that could change the cost of this bill dramatically, but the highest earners are getting a tax cut we already knew in the old bill. the corporate tax rate now slashed to 21%. a very slight increase from 20% the president demanded, but still a lot lower than the current official statute other rate of 35%. remember, the corporate tax rate is permanent. what s not permanent? the tax cuts for individuals. these are still set to expire in 2025. end of 2025 in this reconciled bill. we don t know for sure how the brackets are broken up. residents in high taxed states will still be able to deduct state and local taxes but the dedakz capped at $10,000 including property and income taxes. finally, a major controversial provision in the senate tax plan has made it into the final bill. that s the repeal of obamacare s individual mandate, which the