SENATE TAX
$12,000
—
$163,000
$33,900
$5,240
SENATE TAX
$12,000
—
$63,000
$9,800
$2,129
SENATE TAX
$12,000
—
$13,000
$1,370
$369
HOUSE TAX
CURRENT
Standard deduction
Personal exemption
Taxable income
Federal taxes owed
Potential savings
$12,200
—
$162,800
$34,850
$4,289
$6,350
$4,050
$164,600
$39,139
Single, childless taxpayer, $175,000 salary
HOUSE TAX
CURRENT
Standard deduction
Personal exemption
Taxable income
Federal taxes owed
Potential savings
$12,200
—
$62,800
$9,850
$2,078
$6,350
$4,050
$64,600
$11,928
Single, childless taxpayer, $75,000 salary
SOURCES: IRS 2016 tax tables, TurboTax TaxCaster, 2017 Tax Cuts and Jobs Act
HOUSE TAX
CURRENT
Standard deduction
Personal exemption
Taxable income
Federal taxes owed
Potential savings
$12,200
—
$12,800
$1,536
$202
$6,350
$4,050
$14,600
$1,738
Single, childless taxpayer, $25,000 salary