Americans will keep their first $75,000 tax-free under new bill

A NEW proposal would allow Americans to keep the first $75,000 they make tax-free. The reform bill aims to expand the standard deduction. The plan would put the standard deduction at $75,000 for married couples, or $37,500 for individuals, effectively lowering taxes for the middle and lower class. It would also set the standard deduction…

https://www.the-sun.com/money/16058735/tax-reform-standard-deduction/