Increase $300 Standard Deduction for married couples filing jointly
Increase $150 Standard deduction for single and married filing separately and heads of household
Increase Tax Category Adjustments for individuals
• 35% for incomes over $209,425
• 32% for incomes over $164,925
• 24% for incomes over $86,375
• 22% for incomes over $40,525
• 12% for incomes over $9,950
Increase $700 Alternative Minimum Tax Exemption for married couples filing jointly
Increase Maximum Earned Income Credit for taxpayers with 3 or more qualifying children
Increase $50 in the carryover of unused benefit
Increase $110 the maximum credit allowed for adoption expenses