Booker Pushes Bill to Make $75,000 in Income Tax Free

[muriel_volestrangler]

11. "the proposal, which is guaranteed to be expensive, doesn't yet have a cost estimate"

The New Jersey senator’s plan would set the standard deduction at $75,000 for married couples, or $37,500 for individuals. That’s more than double what it is today: $32,200 for couples filing jointly and half that for single filers.
...
Booker’s bill, which he plans to formally introduce in the Senate on Tuesday, would have far-reaching ramifications on the tax system, encouraging more Americans to use the standard deduction rather than itemize. For a “head of household,” his bill would set the standard deduction at $56,250.
...
And the proposal, which is guaranteed to be expensive, doesn’t yet have a cost estimate. Booker said his goal is to ensure his bill is “fully paid for” by raising taxes on upper earners and large corporations, while closing loopholes and cracking down on “tax avoidance schemes.” The bill doesn't specify those provisions.

The legislation would also boost the child tax credit to $4,320 per child under 6 years old, and $3,600 per child between 6 and 17, while adding a $2,400 “baby bonus” for the year a child is born.


https://www.nbcnews.com/politics/congress/sen-cory-booker-2028-potential-unveil-bill-making-75000-income-tax-fre-rcna262093

Does "head of household" here mean "single parent of non-earning child"? A singe adult living alone is a head of a household of 1. Are you a "head of household" if you have a child over 18 earning, and still living with you?

Anyway, not yet costed, nor saying what taxes would go up, so making it a bill seems premature. No-one could actually let it pass without those.