Tax reform shell game

Sun., Dec. 24, 2017

The majority in Congress wants to woo you with the prospect of a doubled standard deduction. Read the fine print. They also want to take away your personal exemptions. So, a family of four gains $12,000 in additional standard deduction, but gives up $16,200 in personal exemptions. On what planet does this add up to a tax cut?

Wade Griffith

Spokane

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