Romper

How Will Trump's Tax Plan Affect Single Parents? It Doesn't Look Like It Will Help Much

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President-elect Donald Trump won a surprise victory over Democratic nominee Hillary Clinton on Nov 8. based in part on his platform of helping the average, every day American family. Trump touted himself as a true anti-establishment presidential nominee, a man for the people who would offer massive tax cuts for everyone except that dastardly one percent of the very rich. Well, he has been elected, and how does Trump's new tax plan shape up for single parents, for instance? Because as one single parent to another, we are a demographic that could use a bit of a break every now and then.

According to the Tax Policy Center, Trump's new tax proposal;

So congratulations to the highest-income households, I suppose. But what about the 12 million single parent households in the United States, 80 percent of which are headed by single moms? Should they be breaking out the bubbly and celebrating the sweet new tax breaks they should expect?

Nope.

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No More Head of Household

Trump's tax plan would eliminate the head of household status for single parents, meaning they would be filing as individuals. This means the majority of single parents in most income ranges would see their taxes go up. (And just out of curiosity, if a single parent isn't the head of household, who exactly is?)

Standard Deduction

Trump's plan to increase the standard deduction would not really help single parents. As Politifact points out:

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US Republican presidential nominee Donald Trump holds a baby during a rally in the Special Events Center of the Florida State Fairgrounds in Tampa, Florida on November 5, 2016. / AFP / MANDEL NGAN (Photo credit should read MANDEL NGAN/AFP/Getty Images)

From Seven Rates To Three

Trump's grand plan to simplify everyone's taxes by reducing the tax schedule from seven rates to three rates will actually make things worse for single parent households. According to Forbes:

From where I'm standing, it doesn't seem like Trump's looking out for single parents at all. And I'm standing as the head of a household of four sons, bills to pay and mouths to feed. The last thing any single parent needs to be doing is paying more taxes.