ATLANTA -- All day you've heard about tax rates, brackets and cuts you may or may not understand. Or they may not apply to you at all.
So 11Alive is working to break down how this plan will impact you.
The big takeaway from President Donald Trump's plan for the individual taxpayer is the doubling of the standard deduction.
"That's the one that's going to help most Americans - including Atlantans," Emory law professor Dorothy Brown said.
► Related: Trump team rolls out massive tax cut package
Brown knows a lot about tax policy and broke it down for us. Right now, an individual worker's income is tax free up to $6,300.
It's $12,700 dollars for married couples.
Under Trump's plan, that standard deduction would increase to $12,600 dollars for individuals and $24,000 for married couples. That would mean more money in your pocket.
"Yeah huge, it's huge - we haven't seen anything like that,” Brown said. “Honestly that's a good thing because the standard deduction hasn't kept up with the reality of finances in 2017 anyways so that's a change that's long overdue."
But the president's proposal also eliminates some popular itemized deductions - what we call tax breaks - things like medical expenses, the state and local income taxes you pay, business and home office costs, education costs and even student loan interest.
"Right now, two-thirds of Americans don't itemize - only 1/3 does," Brown said.
You would still be able to deduct your retirement savings, contributions to charity and mortgage interest if you own a home but the standard deduction would be the key here.
"It's going to make itemizing deductions even less likely," Brown said.
Experts like Brown believe the president's entire plan won't work and it likely won't pass because they say there's no way to pay for it and it will raise the national debt.
The White House counters that these cuts will stimulate growth that will offset some of the cost.
But experts say it won't be enough.