How will you be affected by the 2017 Tax Cuts & Jobs Act ?

A Fox News report produced by Madeline Farber, Sam Chamberlain and Kaitlyn Schallhorn.


“President Trump signed the $1.5 trillion tax reform package into law on Friday, officially marking his first major legislative triumph  since he took office.
After being forced to vote a second time on the sweeping tax reform package due to last minute revisions, the House gave its final stamp of approval to the bill on Wednesday.
The bill passed in the House in a 224 to 201 vote. Early Wednesday morning, the Senate approved the massive tax reform bill, known as the Tax Cuts and Jobs Act, with a 51 to 48 vote.

Here are the key takeaways of the tax bill”………..