Will the new tax bill help you? You can use this online tax calculator that shows how much an individual or family would pay under the current tax code, and how much they would pay under either of the new bills that have yet to be reconciled.
People with complicated tax returns would not be able to use this calculator, but for the average family it would be helpful for them to know how this tax bill will effect them.
The tax calculator is located here: http://taxplancalculator.com/
(HT: EB)
Family of 4. Middle class income. Based on the calculator I save approx. 50%