Accomplishing that, however, required petitioning to have the secrecy order lifted as the years passed with his invention living in the shadows. Itâs a common refrain in the stump speeches of politicians that America is a nation of ideas, but Congress decided in 1951 that some of those ideas must nonetheless be kept hidden.
ATR Analysis of Donald Trump Tax Reform Plan. GOP Presidential candidate Donald Trump released details of his tax reform plan today. It features a system with much lower tax rates than current law, and a broadened tax base for high income earners. âTrumpâs plan is certainly consistent with the Taxpayer Protection Pledge,â said Grover Norquist, president of Americans for Tax Reform. âTrump has said he opposes net tax hikes and has made clear that the real problem is spending.
While the figures in the chart are the most current standard deduction amounts as of February 2017, there's a strong chance that these will change before you file your 2017 tax return. Tax reform was a cornerstone of President Donald Trump's campaign, and one of his proposals involved significantly increasing the standard deduction to $15,000 for single filers and $30,000 for married couples filing jointly.