Here's what Trump's tax plan means for people working in finance who make between $40,000 and $139,00 a year
Scott Olson / Getty Images
• Senate and House Republicans must agree on a final version of their widely criticized tax plans before it can move forward.
• Career site Zippia broke down how the Senate tax plan could affect take-home pay in 2018 for people in various occupations.
• Business Insider looked into how the plan could affect people working in finance.
People aren't happy about the tax plans put forward by congressional Republicans.
According to a recent CBS poll, only 35% of Americans approve of the Tax Cuts and Jobs Act. While the plan may increase take-home pay for most people, Business Insider's Lauren Lyons Cole reported, the increase in pocket money will be minimal for most people.
Career site Zippia provided Business Insider with data breaking down how different occupations fare under the Senate's tax plan.
Business Insider specifically looked at how financial professionals fared under the new tax plan. The estimated federal tax savings below are for a single, childless taxpayer who claims the standard deduction.
Here's a look at how people working in finance, from accounting clerks to financial managers, could see their taxes change next year if the Senate's tax plan becomes law:
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Markets extend gains for 5th session; Sensex revisits 74k
- Top 10 tourist places to visit in Darjeeling in 2024
- India's forex reserves sufficient to cover 11 months of projected imports
- ITC plans to open more hotels overseas: CMD Sanjiv Puri
- 7 Indian dishes that are extremely rich in calcium