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Reply to "BBB - tax impact"
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[quote=Anonymous][quote=Anonymous]You may be using the Post calculator wrong. I was playing with it last night with an income of 350k, kids now adult and then their model incomes. I came out with +12k and was like WTF? And then I started reading the reasons for my tAx “cut” and ran the other calculators and realized +12k means 12k less in taxes (extra take home), not 12k more in taxes. I think the calculator is counterintuitive and should just say “you save/pay extra). Is it possible you are making the same assumption I was— getting a positive tax number and assuming it meant more taxes. Very poorly designed. I also couldn’t adjust it to VA or MD. Which— come on. If you won’t give us all the state and least make it work for the DMV. [/quote] Trumps tax cut are just locked in. The bill keeps the cuts that people have been paying. So there will be no noticeable difference unless your income has changed.[/quote]
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