> Under the new tax rules the average 1% will save $40,000 over 480k It'd probably a lot lower. You need to consider other code changes. For instance a filer

> Under the new tax rules the average 1% will save $40,000 over 480k It'd probably a lot lower. You need to consider other code changes. For instance a filer in CA with W2 taxable income of $1.4M saves only $4,500 due to the loss of state income tax deduction offsetting the vast majority of beneficial rate changes. ref: http://taxplancalculator.com/ http://taxplancalculator.com/