This data is based on WFTV’s own calculations using data from the November 2, 2017 draft of the “Tax Cuts and Jobs Act” filed with the U.S. House Ways and Means Committee. All calculations assume standard deductions with no additional modifications and should be viewed as general guidance. All aspects of the pending legislation are subject to change. Individual tax liability varies based upon a range of factors.
© 2017 Cox Media Group.