Here's what Trump's tax plan means for people working in tech making between $43,000 and $145,000 a year

woman tech computer laptop work

• US President Donald Trump has signed tax reform into law.

• Career site Zippia broke down how the final tax bill could affect take-home pay in 2018 for people in various occupations.

• Business Insider looked into how the tax bill would affect people working in a range of tech-related jobs.



US President Donald Trump has signed the GOP's huge tax reform effort into law, despite harsh criticisms of the plan from the public and experts.

Business Insider's Lauren Lyons Cole reported that while take-home pay is set to rise under the tax reform plan, most Americans won't see a ton of extra cash in their pockets. But how much you save also depends on how much you currently earn.

Career site Zippia provided us with data breaking down how different occupations fare under the finalized tax plan. Business Insider decided to look into how the new plan will affect tech workers in particular.

The estimated federal tax savings below are for a single, childless taxpayer who owns a house valued at three times their salary. Zippia's calculations factored in whether a given taxpayer would benefit most from taking the standard deduction or itemizing deductions.

Following is a look at how tech workers in a number of occupations, from computer operators to computer and information systems managers, could see their taxes change next year.

SEE ALSO: Here's what Trump's tax plan means for doctors making between $184,000 and $270,000 a year

DON'T MISS: Here's what Trump's tax plan means for people at every income level from $20,000 to $269,000 a year

Computer operators

Average salary: $43,880

Current tax: $4,389

Tax under the Republican plan: $3,635

Percent tax cut: 17.2%



Computer network support specialists

Average salary: $67,770

Current tax: $8,747

Tax under the Republican plan: $8,209

Percent tax cut: 6.2%



Web developers

Average salary: $72,150

Current tax: $9,643

Tax under the Republican plan: $9,066

Percent tax cut: 6.0%



See the rest of the story at Business Insider


Contributer : Tech Insider http://ift.tt/2DC61Lz
Here's what Trump's tax plan means for people working in tech making between $43,000 and $145,000 a year Here's what Trump's tax plan means for people working in tech making between $43,000 and $145,000 a year Reviewed by mimisabreena on Sunday, December 31, 2017 Rating: 5

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