45% of filers will owe nothing in federal income taxes this year
It's always a little surprising. In good times and bad, at least 75 million US households have ended up owing nothing in federal income taxes in recent years.
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tax policy center
New tax code will still be complicated despite GOP promise to simplify
President Trump said H&R Block would go out of business because his tax overhaul would be so simple.
Treasury analysis asserts GOP tax plan would be paid for
With just days to go before House and Senate Republicans want to vote on a final tax bill, the Treasury Department issued a one-page memo outlining its views on the economic growth prospects of the Senate-passed version of the bill.
