The standard deduction for Married couples goes to $30,000. No deduction for state and local taxes.  The AMT (Alternative minimum) tax is going away.  You will be able to deduct health care insurance without having to do it via a corporate structure. 3.8 percent Obamacare tax on investment income will be repealed.  

I will have an overpayment on my personal taxes for 2016 if I gave myself a raise to cover the Obamacare tax and my whole raise was sent to FICA to cover the fine for excluding out of ACA 2016?  Will they give me my money back now (as an overpayment) when my personal tax returns are done after my S Corporation taxes are paid?  I am going in to my 8th year of business and still growing, hiring and reinvesting.  My mileage and gas is what has saved me every year to closely breaking even on corporate.  I am confused about what is being repealed?  Is the fine on the working poor going to be repealed?

all billionaires retain their loopholes, as bragged by the late Ms. Helmsly, "Only small people pay taxes."

give specific examples or