President Trump’s administration unveiled its tax plan, which was short on details. — Eliminating the seven existing income tax brackets, which top out at 39.6 percent, and replacing them with just three brackets: 10 percent, 25 percent and 35 percent. Get a tax refund every year? So last week I asked: Why do you like getting a tax refund year after year? Deirdra Logan of Portland, Maine wrote, “Our family uses the annual federal income tax refund to prepay home heating oil for the next year.

Source: Washington Post April 27, 2017 15:00 UTC