The rate for the lowest income bracket raised from 10 percent to 12 percent. Those earning less than $416,700 will have their tax rate increased from a 33 percent rate to a 35 percent rate. Corporate tax rates slashed and immediate 100% deduction for investment. The tax lawyers will fabricate tons of faked investments with that last part. Thank God Irish Mike and 'travel' have incomes W-A-AY above $416,000 a year. LOL. What morons.