Tax reform: How does it affect your wallet

Kiplinger Letter senior editor Nicole Duran on how the GOP tax reform bill will impact your finances.
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S. T

Great Trump's asking for $0.25 tax rate on gas now

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Rob S5

I mean we will not know the true cost . for at least a year . do you think the democrats are right i do not they lie and skew the facts as bad as republicans do .

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Hal Bleavy

Funny, the republicans won and never thought enough of their base to ask them what they wanted in a tax break since the base is the group who put them into office. Instead, they went right into rewarding their rich donors and rich CEO friends. Enjoy your $2000 while the president and his family enjoy their millions and millions.

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*MATTHEW MOORE*

Tax reform is great untill gas goes back up to $3.50 a gallon, which it will. We need health care. I rather pay more tax and receive adequate health care. It seems that this tax reform is targeted to increase purchase consummer goods.

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tcitrus

Thank you for the real talk. Wish more new outlets would report this way.

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gonzosierra1

What suckers the Trumpards are!!

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Rob S5

until the tax reform is fully in place we will not truly know what is up ! Our leaders dem . and repub. are unable to do simple math

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Himself Lee

There are different types of corporations. Owners of a corporation that is taxed also pay personal income and state income taxes. So when you figure their overall tax rate for them it is very high. No corporations, no jobs. People need to think about that. The rate of corporate income tax paid by a business varies between countries, although since corporations are legal entities distinct from their owners and operators, they are typically taxed as if they were people. People need to think before they get jealous because the corporate tax rate may be decreased. Of course small minds never become entrepreneurs and will be in an almost no tax bracket anyway.

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Mike Fournier

IT'S ALL SMOKE AND MIRRORS AMERICA ….ONLY A STIMULUS CHECK …SEE AMERICA'S ECONOMY DEPENDS ON CREDIT AND LOANS AND THE DEBT IT CREATES ….THE GOVT. GIVING IT'S CITIZENS EXTRA CASH ON HAND IS BAD FOR TODAY'S BUSINESS ….FOR THE BANKS…. AND FINANCIAL LOAN COMPANIES ….DEBT,DEBT,DEBT,…..THAT'S HOW AMERICA OPERATES …SO THIS TAX CUT WILL TAKE MONEY AWAY FROM THE BANKS AND CREDIT CARD COMPANIES ….SO THERE HAS TO BE A CATCH ???? SOMETHING TO TAKE THE MONEY BACK ???? WHAT COULD IT BE ??? OH ,I KNOW ….OUR FORGOTTEN HEALTHCARE BILL AND REFORM !!!!!, REMEMBER THAT AMERICA ????
HOW CAN WE LET THE GOVT. AND THE MEDIA KEEP DISTRACTING US AND CAUSING US TO LOSE OUR MEMORIES ????? THE HEALTHCARE PLAN BILL WILL START BEING THE NARRATIVE AFTER THE FIRST OF THE YEAR AND OUR LAWMAKERS WILL RIDDLE IT WITH TAXES AND ENTITLEMENTS FOR THE POOR AND THEY WILL TAKE BACK THE TAX CUTS AS HEALTHCARE COSTS ARE DEDUCTED RIGHT OUT OF OUR PAYCHECKS EACH PAYDAY ,AND IF IT COSTS MORE …WE WILL HAVE LESS CASH ON HAND ??? RIGHT AMERICA ???? THE LAWMAKERS LOBBYISTS WILL MAKE BILLIONS (BIG HEALTH) AND WE WILL BE FORCED TO WHIP OUT OUR CREDIT CARDS ONCE AGAIN . SO BEND OVER AND GET READY FOR THE REASON WHY THEY ALL CAME TOGETHER AND GAVE US A TAX CUT….TO LOOK GOOD AT ELECTION TIME AND TAKE IT RIGHT BACK IN HIGH HEALTHCARE COSTS .
SAVE THIS COMMENT AMERICANS AND WAIT UNTIL 2018 AND I WILL BE PROVEN RIGHT !!!!!!! THE SWAMP IS DANGEROUS AND IT HAS TO GO ,NOW !!!!!!! ONLY WE CAN DO IT !!!!!!!!

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Justin r

it did not work under bush because corporations pocketed the funds. trickle doesn't work anymore.

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D Rock

Best invest in stock or start a corporation to see real benefits.

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theylied1776

Trump sold this tax cut as a jobs generator, that's not what's happening. Why do you think it took her so long to say yes?

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Jude Staxe

All they are doing is give back the Obama mandate fee which was between $600 to $900.

Which mean you have no healthcare and if you plan to get any healthcare expect to pay way more.

Tax Scam

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Jude Staxe

Wow $1200 with no healthcare

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Jude Staxe

Tax scam

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