Are you worthy enough to get a tax break from President Trump's plan?



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Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?


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The short answer is, it depends — and on a lot more than how much you earn each year.

Where you live makes an enormous difference, since a dollar does not go as far in New York as it does in Alabama. Likewise, whether you're single or have children matters. Finally, what tax breaks you take now will go a long way toward determining whether the overhaul being planned leaves you with a tax cut, breaking even, or paying more.

Trump has been pretty clear, however, about who the prime beneficiaries of the tax overhaul should be.

"By eliminating tax breaks and special interest loopholes that primarily benefit the wealthy, our framework ensures that the benefits of tax reform go to the middle class, not to the highest earners," Trump said Oct. 11 in Harrisburg, Pa.


A political non-profit that supports Ryan, R-Wis., has even launched what it calls the Middle Class Growth Initiative to fund campaign-style ads to build support for the tax plan in key districts.

But when the chairman of the president's Council of Economic Advisers, Kevin Hassett, was asked by reporters to define the middle class that Trump's tax bill would target, he said that it was up to tax-writing committees in Congress, which will set the income levels for the proposed tax rates of 12%, 25% and 35%.

And House Ways and Means Committee Chairman Kevin Brady, R-Texas, was equally vague when asked last week to define a typical middle-class household.

"I can’t, because it really depends on the cost of living," Brady said. "If you live in states where state and local governments just hammer people with high taxes and drive up the cost of housing, and food and other elements, middle class is much different there, or the standard of living, than it is perhaps in my part of Texas."


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