by Joseph Coletti
Senior Fellow, Fiscal Studies, John Locke Foundation
The New York Times uses the Open Source Data Center’s TaxBrain to see what the tax plans in Congress would mean for 25,000 middle class families. The results are fun to explore and informative, even if not surprising. It’s a mixed bag for families who itemize deductions, families with children get a bigger tax cut, families who pay a lot in state and local taxes will pay more in federal taxes, and corporate income taxes will have a bigger impact in the long-run because they are permanent.