Why Trump Tax Deductions — for Tips, Car Loans and More — May Not Carry Large Benefits for Low Earners
10 Articles
10 Articles
CNBC: Why Trump Tax Deductions – For Tips, Car Loans and More – May Not Carry Large Benefits for Low Earners
How much money you save with tax deductions, which reduce your taxable income, depends on your bracket. Deductions are more valuable to higher-income households and less beneficial for lower earners, experts said.

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t benefit low earners much.
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