New Tax Bill - Are you getting relief?

Flynnster · 12-20-2017, 01:49 PM

It's going to be a real toss up for a lot of people. I think those who had a lot of exemptions (for example contractors) are going to be hit pretty hard by this. But for those who are more "regular" who have one job, a mortgage, and nothing too crazy I think there will be little change other than things becoming easier. This being my first year where I don't have 2 or 3 consulting/contracting jobs to worry about, nor student loan interest, I think I may come out ahead.

I see this more as a move to the "easier" tax return that so many desire, than a foundational shift in federal taxes.

12-20-2017, 01:49 PM	#3
Flynnster Life's too short Swishers Join Date: Oct 2010 Location: Middle of the Mitten Posts: 787 Trading: (7)	Re: New Tax Bill - Are you getting relief? It's going to be a real toss up for a lot of people. I think those who had a lot of exemptions (for example contractors) are going to be hit pretty hard by this. But for those who are more "regular" who have one job, a mortgage, and nothing too crazy I think there will be little change other than things becoming easier. This being my first year where I don't have 2 or 3 consulting/contracting jobs to worry about, nor student loan interest, I think I may come out ahead. I see this more as a move to the "easier" tax return that so many desire, than a foundational shift in federal taxes.