Am I reading this correctly. My 1099 income in 2018 and beyond will be reduced by 20% then taxed. So if I make 20k per year selling tradelines I'll be taxed on 16k at 22% now Meaning instead of paying 5k in taxes I now pay 3520. Or a 29.6% savings. Further compound that with the 20% I can put in my separately IRA. And now I'm paying tax on only 12.8k.