Turns out it was all fake news again.
Taxes are rising for the rich... if you live in a state with high state income tax like California because the new bill removes the state and local tax deduction, known as SALT [lol].
A win-win situation because finally progressives will pay higher taxes that they always wanted to do.
Why the Wealthiest Are Hit Hardest
https://www.nytimes.com/interactive/2017/12/05/us/politics/tax-bill-salt.html