Detailed text transcripts for TV channel - CNN - 20171219:09:37:00
That's good. why? a lower tax rate, double standard deduction and expanded child tax credit. but california has high state taxes. how about a single mom in kansas city with two children making $45,000. she saves $1,802. thanks to a bigger standard deduction and that bigger child tax credit. what if you don't have children? a single homeowner in colorado would pay $1,484 more next year. that's because the standard deduction doesn't make up for the lost tax breaks. a single homeowner in a high tax state. they may get hit hard. a new yorker making half a million dollars, see that there, pays $6,4...
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