Judd Legum

@JuddLegum ↗

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Last Checked March 13, 2019

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Fri Sep 29 14:18:06 +0000 2017

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Judd Legum @JuddLegum

3. So the existing overall exemption is $10,400. He's increasing it to $12,000. That's $1600 per year. — PolitiTweet.org

Posted Sept. 29, 2017 Hibernated

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Judd Legum @JuddLegum

2. He's not really doubling the standard deduction. He's consolidating the standard deduction ($6,350) and the personal exemption ($4,050) — PolitiTweet.org

Posted Sept. 29, 2017 Hibernated

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Judd Legum @JuddLegum

4. Right now that $1600 is taxed at 10-15% depending on how you file. So we are talking about a savings of $160 and $240 PER YEAR. — PolitiTweet.org

Posted Sept. 29, 2017 Hibernated