ilmscore | Prediction Details
"Now, with the new tax proposal signed into law, the numbers look a little bit different. Again, these are not exact numbers. I rounded everything to keep it simple for this video. But if you're making under $50,000 a year, you're not really seeing much of a difference. But beyond that, you'll start to see a difference because now instead of the next tax bracket being at 25%, it's going to be at 22% up to $103,000 a year, not $120,000 a year. The bracket after that is not 28%. It's now going to be at 24% up to $197,000 a year instead of a quarter million a year. Then the next bracket after that is not 33%, it's going to be 32% up to a4 million a year, not $544,000 a year. And then the next bracket is going to stay at 35%. But instead of going to $546,000 a year, it's being extended to $626,000 a year. And then the final tax bracket will not be at 39.6%. is going to be at a top 37% on every dollar that you earn over $626,000 a year."
By Minority Mindset | July 10, 2025 | Pending
From video
Trump's Big Beautiful Tax Bill: What They’re NOT Telling You 00:02:38 - 00:03:43
Interpreted Prediction
The new tax law will reduce income tax brackets for single filers. For instance, the 25% bracket will now be 22% up to $103,000, the 28% bracket will become 24% up to $197,000, and the 33% bracket will be 32% up to $4 million. The 35% bracket will extend to $626,000, and the top bracket will be 37% for income over $626,000.

Prediction Details

Topic
Income Tax Rates

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