I’ll have to study this some more, but don’t think this will directly impact me much.
Unless you pay no income tax, note the bottome rung eliminates the lowest bracket entirely. Next up, if married, the marriage tax is back....so much so that my wife and I agreed if the SOB manages to do that, we get a paper divorce and become cohabitating adults for tax purposes. I am not giving that Kenyan one sou more than I absolutely have to.
I'm glad it doesn't affect you much, but for most people who income, savings, or investments, it is a brutal tax increase.