What Do Lower Highs and Higher Lows Mean in Trading?
For example, a married couple whose total income minus deductions is $250,000 would have had a 33% tax rate in 2017, but only 24% in 2024. An individual making $39,000 in taxable income in 2017 would have had a top tax rate of 25% but just 12% in 2024. TCJA, which was initiated by President Donald Trump, lowered tax rates […]