@San: Who won at this point doesn't matter. Trump's the president. That said, another country influencing our elections is easily far more important than anything the tax committee said in 9 pages. Trump didn't write it, they had him stamp his approval before they released it. Misinformation without a foreign country spreading it is already terrible enough. So yes, we care when people believe anything they read online, we try to show them to be more discerning and to understand that it's not all real. That way we don't get guys in pizza parlors waving guns around looking for pedophiles. Keep in mind, About 1 in 3 people still don't believe Russia tried to influence the elections. 1 in 3 uninformed people matter a lot, especially since that means they're the ones most susceptible to the influence. Heck, as of 3 years ago 1 in 4 Americans believed the sun revolved around the Earth. Maybe that will be my next topic I pull some facts for here... As far as the tax plan goes... Flattening the tax brackets - can't comment yet as they purposely didn't identify the new ones. Raises the tax on the lowest tax bracket - again, without knowing what this bracket is, we can't know what impact will happen. Keep in mind that the lowest 33% of Americans don't make a whole lot, so I'm not sure the raise will help the deficit much at all. Lowers the tax on the highest tax bracket - this will increase our deficit far more than the raising taxes on the lowest bracket will help. Doubles the standard deduction for all people, but removes deductions except charity and mortgage interest - not sure this math works out as a net 0, but without any details who knows. Removes the extra standard deduction for head of household - they're increasing the standard deduction to be higher than this deduction currently is, but since this status is mostly for single parents I'm not really sure why they want to eliminate it. Remove the AMT - the AMT is annoying as shit if you have to calculate it, but it's there to fight tax avoidance of the top tax bracket, so it doesn't surprise me Trump wants to get rid of it. Repeal the estate tax - I'm torn insofar as the estate tax really doesn't make a whole lot of sense (the money is already taxed) and it's easily avoided (trusts). That said, we tax almost any other windfall (e.g. lottery) higher than normal income tax, so an estate tax isn't entirely unjust either. Overall I can't imagine this helps our deficit any. The lowering of the top income tax bracket will be much more significant in terms of losses of tax income than any gain, and that's without the factoring in of the estate tax, AMT, and increases in deductions. It will reduce the tax incentives for buying a house though, so I wonder if that market will be impacted at all. Of course, until there's some actual details it's all hot air anyways.