Here's What the 2018 Tax Brackets Will Be If the GOP Tax Bill Passes
Over the past few months, the GOP's tax reform efforts have evolved at a rapid pace. The House of Representatives' version of the Tax Cuts and Jobs Act called for a reduction to just four tax brackets, while the Senate kept the number of brackets at seven and lowered most marginal tax rates.
We finally know what the joint version of the tax reform bill will look like, and while it makes a number of changes to the tax code, here's a rundown of what the individual tax brackets look like.
Source: Fool.com