It’s tax time now for 2024 tax year. When you file your taxes, calculate your overall federal tax rate.
President Trump certainly has plans to lower billionaires’ taxes, but he’ll likely lower taxes on all of us…if just to keep ‘the common person’ thinking he’s working for them.
Next year, when you calculate your federal taxes, if they’ve dropped significantly, pledge your ‘savings’ to your local or state government/schools. Our local governments will likely have a decrease in support from the federal government, so sending your ‘savings’ to them won’t cost you anything, but will support your local government institutions.