Predictions For 2017 Tax Rates, Brackets & Deduction Amounts Look Like (Mostly) Good News.

The article discusses the expected tax relief with the U.S. tax rates systems in terms of tax brackets,exemptions and deductions. Topics include the reference to the minimal increase in the consumer price index (CPI) data as per the U.S. Bureau of Labor Statistics, mandatory annual adjustments based on inflation provision in the Tax Code as well as federal income brackets. Also mentioned are tax legislation penalties, relief for taxpayers and flat interest levels.