https://www.wsj.com/articles/house-senate-republicans-reach-deal-on-final-tax-bill-1513185360
Here is one that probably hits many of us. Today, if your combined family income is between about $200k and $500k and if you have a decent sized family and live in a high tax state (like NJ...) you get hit with the dreaded AMT (Alternative Minimum Tax) which eliminates almost all your deductions like real estate taxes, mortgage interest, state & local taxes, unreimbursed medical etc. It really crushes you. The funny thing is it has a much smaller overall affect if you make millions. It just hits you like a ton of bricks in the above range and IMHO is really arbitrary and unfair.
Under the near final new tax plan, it won't even begin to touch you unless your income is at least $500k single, $1m married so for many of us who might have been getting nailed by it, this is really good news. Even if you are in a high tax state where you will only be able to deduct a max of $10k in property taxes. $10k beats 0k...