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      03-04-2019, 08:00 PM   #140
Yugo
First Lieutenant
United_States
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Drives: M3
Join Date: Aug 2012
Location: VA

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Standard deduction was doubled, but most miss the fact that personal exemption is gone. This hurt people who itemized and generally have more than 2 people in the household (each examption was $6.5k in 2017. People w kids under 18, got the increased child credit at $2k a pop which now also doesn't get reduced starting at $110k of agi.

Reform worked for those in the very top bracket by marginal rate reduction and for the ones w a lot of little kids, and those who didn't rely on itemized deductions. Those who did and without any kids to claim on their taxes, didn't end up well.