If you’re still wondering how the tax overhaul bill the Senate passed early Saturday morning would affect your bottom line, The Washington Post has developed an interactive online feature to help you figure it out.
By entering your annual household income, the interactive feature calculates your projected tax cut or increase, as well as the percentage of people with a similar household income who would see their tax bill rise or fall.
The bill, the biggest rewrite of the individual and corporate tax code in 30 years, would affect the pocketbooks of most Americans. It still has to be reconciled with a tax overhaul passed by the House last month before being sent to President Trump for his signature.
How the bill will affect your pocketbook will depend on many factors, The Washington Post notes, adding the impact could change over time because the individual tax code provisions expire at the end of 2025.
