The details aren't out yet. The majority of people pay 15% in tax $18,650-$75,900 filing jointly. The 15% is going bye bye and being replaced by 25%. Wait for the range data, plus this is surely a tax increase over the long haul once the dreaded inflation begins to hit wage growth. We've been a decade of printing presses without it and it's coming, so as soon as it hits, 12% for poor folks will be an increase. The increased standard deduction will be consumed by that inflation. It's just like real estate taxes and home prices increasing. Who woulda thunk one would pay $1,000 a month in property taxes today?
No free lunch...in a flat earth