They are narrowing down what will be still a very substantial, across the board tax cut, not just the same for everyone across the board. Here is what we now know. On the corporate side, were taking that rate from 35 to 15 . This is the goal. Then a 15 tax on passthroughs, s corpse, hedge funds, real estate entities, a lot of lot of donald trump interests would benefit from the lower rate. Standard deduction doubles for individuals and families to roughly 12,600. If that is the case, that sticks, an additional 12 to 15 million americans, who presently go through, detail all their deductions would take the standard deduction. Would make their filing a lot simpler. It would not rule out deductions across the board. Three rates now. That top rate at 35 . As stuart pointed out here. Bottom rate of about 10 . Were going to getting into all of this with kevin brady, man who runs the house ways and means committee. He was for bigger tax cuts the o looking for a border tax to pay for a lot of
MORRISTOWN- Morris County officials have announced that county government offices will remain closed for the rest of the day, citing this morning’s earthquake.
A rare 4.8 magnitude earthquake on Friday, April 5, for the Central New Jersey area has so far not led to any reported damage but that doesn’t mean residents throughout