Website posts salaries of Pennsylvania teachers donna fisher / the morning call Pa. has released the salaries of all public school teachers working in the state.  (donna fisher / the morning call)
Definition: Tax cuts are changes that reduce the amount paid under the law to government revenue. The taxes cut are on income, profits, sales, or assets. Tax cuts occur in many different forms. They are a one-time rebate, a reduction in the overall rate, or a tax credit.
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.