Corporate tax bill from 20% to 21%

Some other details from Washington

  • Corporate tax 21% from 20% starting in 2018
  • Top individual rate down to 37%
  • The mortgage interest deduction would go to loans up to $750K
  • Pass thru deduction at 20%

The corporate tax rate is a touch higher but raising the mortgage deduction amount and lowering the top individual tax rate counters that small rise.