Proposed 2018 tax brackets

Married Filing Jointly Proposed Tax Brackets for tax year 2018:

Taxable income of $1million or more 39.6%
Taxable income between $260,000 and $1 million 35%
Taxable income between $90,000 and $260,000 25%
Taxable income below $90,000 12%

Key Provisions
Deduction for state and local income and sales taxes repealed
Property tax deduction capped
Mortgage interest deduction limited
Personal exemptions repealed
Estate tax reduced, then repealed in 2024
Alternative minimum tax repealed--This is amazing, so glad this is happening