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The Tax Cuts and Jobs Act (TCJA) generally lowered federal income tax rates with some exceptions. Among the ways in which lower rates impact tax planning, they make unmatched contributions to traditional employer retirement plans less attractive. Example one: Chet Taylor has around $100,000 in taxable...

It has been widely reported that the Tax Cuts and Jobs Act lowers federal income tax rates for many people. The highest tax rate, for example, has fallen from 39.6% to 37%. Many people who are in lower brackets also stand to benefit. Example one: Alice...