A lot of Americans are confused about the details of President Donald Trump’s tax plan.
The Republican tax plan would reduce the corporate tax rate from 35 percent to 20 percent.
It would also make a lot of small business owners pay higher taxes.
But that’s not all.
A lot people are confused, too, about the plan’s impact on the federal budget.
And the biggest mystery, according to a new analysis from the Tax Policy Center, is how much of that revenue would come from cutting taxes for people who don’t pay taxes at all.
The tax bill also calls for lowering the corporate rate to 20% from 35%.
That would bring in more than $1 trillion over the next decade.
The Tax Policy Institute, a nonpartisan think tank, says that would result in about $800 billion in additional revenue for the federal government over the decade.
But what about the money that would come out of cutting taxes?
The Tax Center estimates that $600 billion would come off of a one-time corporate tax cut that Trump is proposing.
That’s roughly $300 billion less than the $1.5 trillion it estimates that the bill would add to the national debt.
It’s not a huge difference, but it’s not exactly a huge win either.
Tax cuts have been a popular tool for Congress and presidential candidates to score political points, and a lot people aren’t sure how to interpret the results of the tax plan and how much money they would get out of it.
The Trump plan’s tax cuts for corporations are likely to add to deficits.
But they also could add to federal revenues.
So why is it important to understand exactly how the plan would affect the budget?
The main reasons for people not knowing how much the Trump plan would increase the deficit are because of the way the tax code works.
The federal budget is a complex system of taxes and subsidies, and many of the details are complex.
The biggest differences between the Republican tax bill and the current budget, for example, are how much revenue the federal tax code gets and how it’s allocated.
A major tax break for the rich is the deduction for state and local taxes, known as the state and municipal income tax deduction.
For people making more than a certain amount, the amount they get to deduct from their income depends on how much they make, and the amount of tax they pay.
People making more money also get more tax breaks.
If they’re a high-income person and earn $200,000, for instance, they get a credit of $5,000 to offset the state tax they don’t have to pay.
If you make $200 million and make $100,000 a year, you’d get a $5 million credit.
If your income is $50,000 and you’re a single person, your tax bill would be $200 $50 million $100 million.
The more complicated the tax system, the more different ways you can get tax credits.
If the federal and state governments are able to keep more of their revenue, they can use that to offset what the federal Treasury gets from other sources, like corporate tax cuts.
For example, if the federal deficit were $100 billion, the federal income tax would generate $10.5 billion.
If a state government’s revenue were $10 billion, it would generate another $10 million.
So the federal-state relationship is much more complicated than just cutting taxes.
This means that the biggest tax breaks would likely come from tax cuts on businesses, not from the corporate income tax.
The major tax breaks on businesses include the deduction from state and federal taxes for state income taxes and for business-related state and foreign taxes.
That deduction applies to most businesses in the United States, not just those that are taxed at the state level.
The deduction is usually available to small businesses, which are mostly small and midsize companies.
The most notable example of this is the mortgage interest deduction, which is available to most homeowners.
If someone earns $200 in federal income taxes, the person’s deductions would be capped at $100.
That means the mortgage-interest deduction for people with income over $200 would be available to only $100 taxpayers.
The other major deduction, the charitable deduction, is also available to a few people.
These people can deduct the charitable contributions of other people who give $250 or more to a charity.
If this $250 limit applies to you, you would get a tax deduction of $1,000.
The largest individual tax break is the child tax credit, which can be used for up to $1 million of taxable income.
This is especially helpful for parents who are single and have a child under the age of 26.
That child is eligible for the tax deduction, but the tax credit is only available to people with incomes up to at least $200 per year.
So if your parents are paying $1 in federal taxes and you have $1 worth of taxable personal income, you’ll be eligible for a $1 credit.
The middle class also gets a huge tax break