This article is over 5 years old


CHART: How The Republican Tax Overhaul Would Affect You

If you itemize, a new, higher standard deduction might make doing your taxes easier. If you run a “pass through” business, your life might be about to get more complicated.


Updated on Nov. 9 at 5:47 p.m. ET

Senate Republicans have outlined their version of a tax overhaul, and while the Senate plan maintains many of the same ideas of the House bill released last week — a steep corporate tax cut and bigger standard deductions, for example — it also departs sharply in a few ways, like the fact that it makes no changes to the mortgage interest deduction and it repeals the deduction for property taxes.

Here’s a look at some of the changes that individual filers could expect if either the House or Senate versions were to pass as-is. Importantly, the Senate plan isn’t even a bill yet and leaves some big questions as to specifics — such as its proposed tax brackets. There are currently seven individual income tax brackets, with the top rate at 39.6 percent. Senate Republicans have announced that their plan would maintain the seven current brackets, topping out at 38.5 percent. However, they have not yet announced which income groups will pay which rate.

The bar chart below shows what current brackets look like, compared with the House GOP’s proposed brackets. We will update it as we get more information. The table also lays out different changes for different types of taxpayers. We will update that table as well, as new information is released.

Tax Brackets Under The House GOP Plan


chart showing different tax brackets for singles


chart showing different tax brackets for married filing jointly

Copyright 2017 NPR. To see more, visit
Today in Houston Newsletter Signup
We're in the process of transitioning services for our Today in Houston newsletter. If you'd like to sign up now, fill out the form below and we will add you as soon as we finish the transition. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. Your subscription will be migrated over.