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And, in truth, we will not have a clear sense of how it is playing politically until the yet-to-be-issued 2018 tax withholding schedules produce adjustments in the size of paychecks.
A: Trump has promised that the over-taxed IRS will issue new withholding schedules by February.
Within weeks after the passage of the bill, the IRS would adjust withholding schedules for all taxpayers.
A swoosh of Trump’s pen at a signing ceremony and the withholding schedules for tens of millions of working Americans could be changed almost instantly.