As the dust settles in Washington over the Senate tax reform, clear winners and losers are emerging. Tobie Stanger, Senior Editor at Consumer Reports, breaks down the pros and cons of this potential bill. Stanger's clear winners: Those who take the standard deduction, families with dependents, teachers of grades K-12, people with expensive medical bills, and wealthy, self-employed people. Plus, there is a clause that gives a tax break to people who own golf courses. We'll let you take a guess at who owns several courses in America...

Share:
More In Politics
Need2Know: January 18, 2023
A chopper crash killed top Ukrainian lawmakers, Arizona fight over water, and the TSA found a record number of firearms last year. Here is everything you Need2Know for Wednesday, January 18, 2023.
At Davos, UN Chief Warns the World Is In a 'Sorry State'
The world is in a “sorry state" because of myriad “interlinked” challenges including climate change and Russia's war in Ukraine that are “piling up like cars in a chain reaction crash,” the U.N. chief said at the World Economic Forum's meeting Wednesday.
Load More