Trump’s tax plan: Why many middle-class Republicans support it
Dec 15, 2017
5 minutes
Republican leaders promised tax reform would streamline things so much that 9 out of 10 Americans could file their taxes on a postcard.
It’s not that simple for David Fraser.
He has four children, four rental houses, a small business, and no idea how the tax bill will shake out for him and his family. But living in Illinois, which has high income and property taxes, he has the sense he’s not going to come out on top.
“We may finally be forced to move out of state. This hurts tremendously. I am waiting for [Congress’s] final bill before I meet with my CPA to assess the potential damage,” he says. “That being said, I still think the corporate rate cut is justified.”
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