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Jan 23, 2017

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economy and other policy decisions that could change how Asher makes ends meet. Single mothers could be hit hardest by Trump's quest toMake America Great Again. Trumps tax reform plan proposed a reduction of taxes across the board, especially for working and middle-income Americans who will receive a massive tax reduction." But a report from the Urban-Brookings Tax Policy Centerpublished in October concludedthe proposed tax changes could actually result in higher taxes for as many as 8.7 million families. Singleworking parents, most notably, would see a substantialtax increase. Meanwhile, Trump's promise to repeal the Affordable Care Act could also make life harder for single parents. There are nearly 12 million single-parent families in the U.S., according to the Census Bureau . About 10 million single mothers, like Asher, live with children under the age of 18. Trump's proposedtax plan includes only three brackets:12 percent, 25 percent and 33 percent, which meansthat families could pay higher rates(the lowest tax bracket now is 10 percent). Trump's proposal would eliminate personal exemptions as well as the head-of-household filing status, which eases the burden forunmarriedfamilies with child dependents. That means ultimatelymany single parents could find themselves paying more under his plan. A single parent earning $75,000, with two school-aged children and no childcare costs would face a tax increase of around $2,440, according to the Tax Policy Center reportled byLily Batchelder, aNew York University professor of law and public policy anda former tax specialist for the Obama administration who served as majority chief tax counsel for the U.S. Senate Committee on Finance. A singlemotherearning roughly $36,000, with one five-year-old child and no child care costs could expect to pay roughly $393 more in taxes under Trump's plan, Batchelder estimated.

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