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KamaAina

(78,249 posts)
Tue Nov 29, 2016, 06:46 PM Nov 2016

Single parents would face tax increase under Trumps plan, experts say

http://pix11.com/2016/11/28/single-parents-will-face-tax-increase-under-trumps-plan/

President-elect Donald Trump promised a large middle class tax cut as part of his presidential campaign platform, but for almost 8 million families, that tax cut may never happen....

An analysis by nonpartisan organization Tax Policy Center found that a majority of single-parent households along with most married couples with three or more children will end up paying higher taxes under Trump’s plan...

These tax hikes would be a result of Trump’s plan to eliminate personal exemption and head-of-household filing status. Previously, these tax code features allowed many Americans to reduce their taxable income....

Trump’s tax plan falls in line with traditional Republican policy. His steep tax cuts on high income households resemble tax policy carried out by Presidents Ronald Reagan and George W. Bush and the Republican-run Congress is expected to welcome this policy.


Mmmmkay. The majority of single parents are women. And a sizable chunk of married couples with three or more children are Latino.
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Single parents would face tax increase under Trumps plan, experts say (Original Post) KamaAina Nov 2016 OP
The war on women and children continue unabated. nt WhiteTara Nov 2016 #1
Well you know how they think. They think all the Jezebels who aren't married are the source Squinch Nov 2016 #2
Exactly n/t etherealtruth Nov 2016 #3
Eliminating Head of Household HockeyMom Nov 2016 #4

Squinch

(50,946 posts)
2. Well you know how they think. They think all the Jezebels who aren't married are the source
Tue Nov 29, 2016, 06:54 PM
Nov 2016

of all the problems.

They think this because they are assholes.

 

HockeyMom

(14,337 posts)
4. Eliminating Head of Household
Tue Nov 29, 2016, 07:11 PM
Nov 2016

That would not only include Single Parents, but also Widows and Grandparent(s) raising Minor children.

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