Ask Cortana anything: Snarky answers to 59 burning questions. If nothing else, Windows 10's Cortana digital assistant proves sheâs more fun than Siri and Google Now put together.
At least 3 million Americans are receiving special tax reform bonuses . Thanks to the Tax Cuts and Jobs Act, at least 270 companies have already announced wage and salary increases, bonuses, or 401(k) match increases, according to a list compiled by Americans for Tax Reform. The list, found at www.atr.org/list is being continuously updated. At least 3 million Americans are receiving special tax reform bonuses. This number does not even include those receiving pay increases or increased 401(k) contributions from their employer due to tax reform. Recent examples include: Mountaire Corporation (Millsboro, Delaware) â $1,000 or $500 bonuses based on length of service and increased 401(k) matches.
For example, the bill changes tax rates across income brackets, increases the standard deduction and increases the child tax credit â but only until the end of 2025. As a result, the Tax Policy Center predicts that in 2027, the average tax cut would amount to $160, or just a 0.2 percent income bump. This would mean a tiny tax bump for many lower- and middle-class households â the average $50,000 to $75,000 â earning household would have a tax bill that is $30 higher than today.