Re: "[There'll be some leaking in the press]/That will disclose/What everybody knows.
So, the new tax bill contains a "bubble bracket" where a 45.6% rate will apply while the benefit of the 12% bracket is recaptured. When you combine that with losing the interest deduction on more than 500K and the cap on SALT, I'd say big city lawyers are going to join the folks in the bottom half of the income brackets in ponying up to fund the tax cut for billionaires.
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