The Senate Finance Committee advanced a tax reform proposal this week that will create more jobs, increase paychecks, and make the tax code fairer for middle-class families:
* A family of four with income of around $73,000 (median family income) will see a tax cut of nearly $2,200.
* Their tax bill will fall from what they pay today, around $3,683, to paying $1,499 next year-a reduction of $2,184.
* This represents a reduction in their tax bill of nearly 60 percent.
Source: Ranking Member’s News
