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Home 2017 December 08 What the Senate’s tax plan means for people at every income level

What the Senate’s tax plan means for people at every income level

Congressional Republicans are touting their new tax plan as a wage-boosting, job-creating boon to the middle class – despite harsh criticisms from the public and experts.
Business Insider’s Lauren Lyons Cole reported that while take-home pay is set to rise under both plans, most Americans won’t see a ton of extra cash in their pockets. But how much you save also depends on how much you currently earn.

Career site Zippia provided Business Insider with data breaking down how different occupations fare under the Senate’s tax plan. The estimated federal tax savings below are for a single, childless taxpayer who claims the standard deduction.

Click ahead for a look at how people in a number of different occupations, from fast food cooks to pilots to anesthesiologists, could see their taxes change next year if the Senate’s tax plan becomes law.

Dec 8, 2017cleverfinance
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