Winning: U.S. Incomes and Spending Jumped In October, While Inflation Faded
When it comes to money, all things are cyclical, but, we are into the third year of the Trump Economy. In April of 2019, millions of taxpayers with children will wake up to a pleasant surprise saving them hundreds of dollars without any changes to the current tax law.
The standard deduction will double (our standard deduction will double from 12,000 to 24,000) and the child tax credit will double from $1,000 to $2,000. No wonder Pelosi wants to cancel the tax law . . . . it will give Trump and the GOP a huge advantage come 2020.
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