[charter_sucks]

huh. so i'm going to benefit from these tax changes.

interesting.

[malnourish]

Individuals can benefit from the same thing which harms the whole (and thus, the individual).

[mrgordon]

short term = small benefit for most medium term = benefits expire, national debt is huge, "we have to cut social security and medicare that you paid into all these years"

This calculator is deceptive as it shows the initial change which is everyone gets a little bit of money and rich people get huge gobs of money. After a few years it all changes and we have to make huge cutbacks since "we" were so fiscally irresponsible.

[deadmetheny]

Most people will. What most people are getting mad about is that a lot of the personal deductions will expire in the future, and that the ultra-wealthy are getting a tax discount as well as the average person.

[malnourish]

It looks like filing single with even one dependent drastically increases the tax burden in both plans.

Additionally, the House plan raises the tax burden in those making less than 30k.

[rednerrus]

Adding three dependents to mine raised my tax bill 20%.

Thanks Obama!

[poulsbohemian]

Who is this most people? Most people on HN, being white collar professional types might benefit in the short term from this bill, but most people across the country are in that under-$30K category that is going to get screwed. I'd be interested in hearing the personal accounts of grad students about to get taxed on their tuition breaks as well. This bill is bad news all the way around.