Raising the standard deduction is actually really good because it helps low income individuals the most. Someone with a million dollars income won’t see much difference in their tax rate, but for low income individuals it can represent significant increases in take home income
Raising the standard deduction is actually really good because it helps low income individuals the most. Someone with a million dollars income won’t see much difference in their tax rate, but for low income individuals it can represent significant increases in take home income