New tax laws don’t just benefit the rich
Editor, The News:
I have been reading about how the rich benefit from the new tax laws. Maybe they do, maybe not.
If the regular taxpayer would sit down and compare Line 63 on the 2017 1040 and Line 15 on the 2018 form 1040, this line is titled Your Total Taxes.
I guarantee that 2018 is lower. You may get less back or more back for various factors, but I bet 2018 total taxes will be less than 2017.